Why is Guj. Ambuja Exp falling/rising?

As of 04-Sep, Gujarat Ambuja Exports Ltd is experiencing a price increase, currently at 106.90, reflecting a change of 1.25 or 1.18% upward. The stock has shown a positive trend recently, with a performance today that outperformed its sector by 1.62% and has gained consecutively over the last three days, totaling a return of 3.79% during this period. Despite this short-term gain, the stock has underperformed over the past month with a decline of 0.74% and a significant drop of 26.28% over the last year. The company maintains a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 1.6, but it has faced challenges with a 32.4% decline in profits over the past year, contributing to its overall negative performance.
Broader market context indicates that while Gujarat Ambuja Exports has outperformed the Sensex by 4.29% over the past week, it has consistently underperformed the benchmark over the last three years, with a return of -21.40% compared to the Sensex's 37.27% gain. The stock's liquidity appears adequate, with a delivery volume increase of 3.6% against the five-day average, yet domestic mutual funds hold only a minimal stake of 0.52%, suggesting a lack of confidence in the stock's valuation. This combination of short-term gains against a backdrop of long-term underperformance and declining profitability may create a mixed sentiment among investors, influencing the stock's recent price movements.