Why is Guj. Ambuja Exp falling/rising?

As of 15-Jul, Gujarat Ambuja Exports Ltd is experiencing a price increase, with its current price at 111.40, reflecting a change of 0.85 or 0.77% upward. Today's performance indicates that the stock has gained after two consecutive days of decline, although it underperformed its sector by 2.81%. The stock is currently trading above its 5-day moving averages but below its longer-term moving averages. Over the past year, the stock has generated a return of -17.30%, and its profits have fallen significantly by 27.9%. Despite having a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 1.7, the company has shown poor long-term growth, with net sales declining at an annual rate of -0.50% and operating profit down by -10.52% over the last five years.
In the broader market context, the stock's short-term performance has been lackluster compared to the benchmark, as it has underperformed the Sensex by 1.36% over the past week. The stock's year-to-date performance shows a decline of 10.52%, contrasting sharply with the Sensex's gain of 5.67%. This consistent underperformance against the benchmark over the last three years, coupled with a low stake held by domestic mutual funds, suggests a lack of confidence in the stock's future prospects. The overall market sentiment appears to be cautious, particularly given the company's significant drop in profit after tax and low cash reserves, which could further impact investor sentiment and participation.