Why is Avalon Tech falling/rising?

As of 15-Jul, Avalon Technologies Ltd is currently priced at 873.10, reflecting a decrease of 4.8 points or 0.55%. Despite this decline, the stock has shown a positive performance trend over the past week and month, with returns of 2.72% and 4.93%, respectively. The stock is trading above its moving averages across various time frames, indicating a generally favorable trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 63.09% compared to the 5-day average. The company has reported strong financial results, including a 22.05% growth in net sales and positive results for the last three consecutive quarters, contributing to a significant annual return of 63.15%, outperforming the broader market.
In the broader market context, Avalon Technologies has outperformed the Sensex in the short term, with a 1-week return of 2.72% compared to the benchmark's decline of 1.36%. However, the stock's year-to-date performance shows a decline of 9.90%, contrasting with the Sensex's gain of 5.67%. This disparity suggests that while the stock has had strong recent performance, it has faced challenges earlier in the year. The high institutional holdings at 24.45% indicate confidence from larger investors, which may provide stability despite the current price drop. Overall, the combination of strong fundamentals and recent performance trends suggests that the stock may be experiencing temporary volatility rather than a fundamental decline.