Why is Guj. Ambuja Exp falling/rising?

As of 08-Jul, Gujarat Ambuja Exports Ltd is experiencing a slight increase in its stock price, currently at 111.40, reflecting a change of 0.3 or 0.27% upward. Today's performance indicates that the stock has outperformed its sector by 1.32%. However, it is important to note that while the stock is currently above its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 0.68%, but it has shown a significant decline of 5.19% over the past month and a more substantial drop of 19.25% over the last year. The company's low Debt to Equity ratio and attractive valuation with a Price to Book Value of 1.7 are positive factors, but the stock's performance has been hindered by a 27.9% decline in profits over the past year and a consistent underperformance against the benchmark.
In the broader market context, the stock's recent short-term return of 0.68% over the past week contrasts with the Sensex, which has only increased by 0.02% in the same period. Despite being the largest company in its sector, with a market cap of Rs 5,096 crore, domestic mutual funds hold a mere 0.69% stake, indicating a lack of confidence in the stock's valuation. The company's long-term growth prospects appear poor, with net sales declining at an annual rate of -0.50% and operating profit down by -10.52% over the last five years. This combination of factors suggests that while there may be short-term gains, the overall outlook for Gujarat Ambuja Exports Ltd remains challenging.