Why is Guj. Ambuja Exp falling/rising?

As of 23-Jul, Gujarat Ambuja Exports Ltd is experiencing a price increase, currently at 111.30, reflecting a rise of 1.3 or 1.18%. The stock has outperformed its sector by 1.48% today and has shown consecutive gains over the last two days, with a total return of 1.23% during this period. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has underperformed in the longer term, with a year-to-date decline of 10.60% and a one-year drop of 17.34%. The company's profits have also fallen significantly, with a 27.9% decrease over the past year, which may contribute to investor caution despite its attractive valuation metrics.
In the broader market context, the stock's short-term performance contrasts with the benchmark Sensex, which has gained 0.11% over the past week and 1.01% over the past month. This underperformance against the benchmark, along with a consistent decline in net sales and operating profit over the last five years, raises concerns about the company's long-term growth prospects. Furthermore, the low participation from domestic mutual funds, holding only 0.52% of the company, suggests a lack of confidence in the stock's valuation or business outlook. Overall, while there is a short-term uptick in price, the underlying fundamentals and market sentiment indicate a cautious outlook for Gujarat Ambuja Exports Ltd.