Why is Aavas Financiers falling/rising?

As of 07-Aug, Aavas Financiers Ltd. is experiencing a decline in its stock price, currently at Rs 1,679.95, which represents a decrease of Rs 24.65 or 1.45%. The stock has underperformed its sector by 0.87% today and has been on a downward trend for the past two days, accumulating a total loss of 1.8%. Additionally, it is trading below all key moving averages, indicating a bearish sentiment. The stock is also close to its 52-week low, being only 4.51% away from Rs 1,604.2. Over the past week, the stock has fallen by 3.20%, and over the past month, it has decreased by 10.94%, contrasting with a year-to-date increase of 0.21% and a one-year gain of 3.27%. Despite these recent declines, the company shows strong long-term fundamentals, with a healthy average return on equity of 12.54% and significant growth in net sales and operating profit.
In the broader market context, Aavas Financiers' short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.69% over the same week. The stock's recent struggles are compounded by a significant drop in investor participation, with delivery volume falling by 54.34% compared to the five-day average. However, the increase in promoter stake by 22.49% over the previous quarter signals confidence in the company's future, which could provide some support against the current negative price movement. Overall, while the stock faces immediate challenges, its long-term growth potential remains intact, suggesting a complex interplay between short-term pressures and long-term fundamentals.