Why is Guj. Ambuja Exp falling/rising?

As of 12-Sep, Gujarat Ambuja Exports Ltd is experiencing a decline in its stock price, currently at Rs 110.85, which reflects a decrease of Rs 2.4 or 2.12%. The stock has underperformed its sector by 1.24% today and has shown a trend reversal after two consecutive days of gains. It touched an intraday low of Rs 110.3, indicating a drop of 2.6%. Over the past week, the stock has increased by 4.82%, but it has a year-to-date return of -10.96% and a one-year return of -22.10%. The company has a low Debt to Equity ratio and an attractive valuation with a Price to Book Value of 1.7; however, its profits have fallen by 32.4% over the past year, contributing to the stock's recent struggles.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has risen by 1.48% over the past week. Despite this, the stock has consistently underperformed against the benchmark over the last three years, with a significant decline of 22.10% in the past year compared to a slight drop of 1.28% for the Sensex. The limited interest from domestic mutual funds, holding only 0.52% of the company, may indicate a lack of confidence in the stock's valuation or business prospects, further exacerbating its downward pressure in the market.