Why is Avalon Tech falling/rising?

As of 19-Aug, Avalon Technologies Ltd is experiencing a price increase, currently at Rs 864.00, reflecting a rise of 7.85 points or 0.92%. The stock has shown a positive trend recently, gaining 3.13% over the last two days. It reached an intraday high of Rs 874.75, which is a 2.17% increase. Despite this recent uptick, the stock has underperformed in the short term, with a 1-week return of -1.71% compared to the Sensex's +1.76%. However, the company has demonstrated strong fundamentals, with significant growth in net sales and profit after tax over the last six months, alongside a low debt-to-equity ratio, contributing to its market-beating performance of 79.25% over the past year.
In the broader market context, while Avalon Technologies has shown resilience with positive returns over the past year, it has struggled in the short term against the benchmark, which has generated a slight positive return. The stock's recent performance is somewhat in line with sector trends, but a notable decline in investor participation, with delivery volume dropping by 25.86%, may indicate waning interest. Overall, while the stock is currently rising, the mixed performance against the benchmark and reduced trading volume could suggest caution among investors.