Why is Guj. Ambuja Exp falling/rising?

As of 17-Sep, Gujarat Ambuja Exports Ltd's stock price is currently at 110.30, reflecting an increase of 0.7, or 0.64%. The stock has shown a trend reversal, gaining after three consecutive days of decline. In terms of performance, it has outperformed its sector by 0.26% today. However, the stock's delivery volume has significantly decreased by 73.89% compared to the five-day average, indicating falling investor participation. Over the past week, the stock has risen by 1.89%, while it has increased by 7.71% over the past month, contrasting with a year-to-date decline of 11.41%. Despite its attractive valuation with a low debt-to-equity ratio and a price-to-book value of 1.7, the stock has faced challenges, including a significant drop in profits by 32.4% over the past year, contributing to its overall negative return of -18.21%.
In the broader market context, Gujarat Ambuja Exports Ltd has outperformed the Sensex in the short term, with a 1-week return of 1.89% compared to the Sensex's 1.56%. However, the stock has consistently underperformed against the benchmark over the last three years, with a return of -21.69% compared to the Sensex's 40.54%. The company's market capitalization of Rs 5,027 crore positions it as the second-largest in its sector, yet the low stake held by domestic mutual funds at only 0.52% suggests a lack of confidence in its long-term growth potential. This combination of short-term gains amidst long-term challenges reflects the complexities influencing the stock's recent price movement.