Why is Avalon Tech falling/rising?

As of 17-Jul, Avalon Technologies Ltd is experiencing a decline in its stock price, currently at 877.85, which represents a decrease of 4.15 points or 0.47%. Despite this recent drop, the stock has shown positive performance over the past month with a return of 5.70%, and it has outperformed the benchmark Sensex over the last week, which has declined by 1.12%. However, today's performance indicates that Avalon Tech has underperformed its sector. The stock is trading above its moving averages across various timeframes, but there has been a notable decrease in investor participation, with delivery volume falling by 17.9% compared to the 5-day average. Additionally, while the company has demonstrated strong fundamentals with a growth in net sales and positive results over the last three quarters, the stock's year-to-date performance remains negative at -9.41%.
In the broader market context, Avalon Technologies Ltd's short-term performance contrasts with the benchmark, as it has managed to generate a return of 0.87% over the past week, while the Sensex has declined. This suggests that, despite the recent price drop, the stock has been resilient compared to the overall market. The company benefits from a low debt-to-equity ratio and high institutional holdings, indicating confidence from larger investors. However, the decline in delivery volume and the current price drop may reflect a temporary market reaction rather than a fundamental weakness in the company's performance. Overall, while Avalon Tech has shown strong long-term returns, the recent price movement indicates a cautious sentiment among investors.