Why is Avalon Tech falling/rising?

As of 07-Aug, Avalon Technologies Ltd is experiencing a significant rise in its stock price, currently at 955.90, reflecting an increase of 76.35 or 8.68%. The stock has shown strong performance today, outperforming its sector by 8.29% and achieving a consecutive gain over the last two days with a total return of 11.71%. It reached an intraday high of Rs 964.75, indicating robust trading activity, and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 66.66% compared to the 5-day average, suggesting heightened interest in the stock.
In the broader market context, Avalon Technologies has outperformed the benchmark Sensex over the past week and month, with returns of +12.99% and +13.73%, respectively, while the Sensex has declined by -0.69% and -3.38% during the same periods. However, year-to-date, Avalon is slightly down by -1.35%, contrasting with the Sensex's gain of +3.18%. This indicates that while the stock is currently experiencing a positive momentum, it has faced challenges earlier in the year compared to the overall market. The lack of available positive or negative dashboard data does not detract from the current upward trend observed in the stock's performance.