Why is Guj. Ambuja Exp falling/rising?

As of 22-Sep, Gujarat Ambuja Exports Ltd is experiencing a decline in its stock price, currently at 109.50, reflecting a decrease of 0.9 or 0.82%. The stock has been losing value for the last two days, with a total drop of 1.35% during this period. Although it outperformed its sector by 0.47% today, its recent performance shows a 1-week return of -0.45% and a year-to-date return of -12.05%. 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 significantly decreased by 32.4% over the past year, contributing to the stock's downward trend. Additionally, domestic mutual funds hold only a minimal stake in the company, which may indicate a lack of confidence in its current valuation.
Broader market context reveals that while Gujarat Ambuja Exports Ltd has underperformed against the benchmark Sensex, which has gained 0.46% over the past week, the stock's long-term performance has been concerning, with a 3-year return of -29.17% compared to the Sensex's 38.97% gain. This consistent underperformance, coupled with falling investor participation—evidenced by a 42.39% drop in delivery volume—suggests that market sentiment is negative towards the stock. The combination of poor long-term growth metrics and negative recent financial results further exacerbates the stock's challenges, leading to its current decline.