Why is Avalon Tech falling/rising?

As of 04-Aug, Avalon Technologies Ltd is experiencing a price increase, currently at 874.80, reflecting a rise of 18.85 or 2.2%. The stock has shown strong performance recently, gaining 9.41% over the past week and outperforming its sector by 1.2%. Despite opening with a loss of 2.21% today, it reached an intraday high of Rs 883.65. The stock has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive factors contributing to this rise include a low debt-to-equity ratio of 0.06, a significant growth in net sales of 22.05%, and strong financial results over the last three quarters, including a return on capital employed (ROCE) of 13.07%.
In the broader market context, Avalon Technologies has significantly outperformed the benchmark, with a 70.51% return over the past year compared to a mere 0.05% return from the Sensex. While the stock has a year-to-date decline of 9.72%, its recent short-term performance contrasts sharply with the benchmark's negative return of -2.89% over the past month. This indicates that despite some longer-term challenges, the stock is currently benefiting from positive investor sentiment and strong operational performance, leading to its recent price rise.