Why is Aavas Financiers falling/rising?

As of 30-Jul, Aavas Financiers Ltd. is currently priced at 1,757.20, reflecting a decrease of 3.6, or 0.2%. The stock has been on a downward trend, having lost 8.66% over the last seven days and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this decline, the stock outperformed its sector by 0.52% today, and there has been a notable increase in investor participation, with delivery volume rising by 146.27% compared to the 5-day average. The stock's performance over the past week and month shows significant underperformance, with declines of 7.17% and 15.98%, respectively, while it has shown some resilience year-to-date with a gain of 4.82%. The company's strong long-term fundamentals, including a healthy average return on equity of 12.54% and consistent growth in net sales and operating profit, indicate potential for recovery, especially with rising promoter confidence as they have increased their stake by 22.49%.
In the broader market context, Aavas Financiers has underperformed compared to the Sensex, which has only declined by 1.50% over the past week and 2.54% over the past month. This stark contrast highlights the stock's recent struggles, particularly in the short term, where it has significantly lagged behind the benchmark. However, the company's long-term growth prospects remain promising, as indicated by the positive factors such as rising promoter confidence and strong sales growth, which could eventually support a rebound in the stock price if market conditions improve.