Why is Avance Tech. falling/rising?

As of 26-Aug, Avance Technologies Ltd's stock price is currently at Rs. 1.86, reflecting an increase of Rs. 0.03 or 1.64%. The stock has reached a new 52-week high today and has been on a positive trajectory, gaining for the last 21 consecutive days with a remarkable return of 40.91% over that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 342.50% and operating profit rising by 94.94%. Despite a broader market decline, Avance Technologies has outperformed significantly, achieving a 93.75% return over the past year while the BSE500 index has seen negative returns.
In the broader market context, while the Sensex has declined by 1.05% over the past week and 0.83% over the past month, Avance Technologies has shown resilience with a 1-week return of 8.77% and a 1-month return of 40.91%. This stark contrast highlights the stock's strong performance relative to the benchmark. Furthermore, rising investor participation, evidenced by a 24.75% increase in delivery volume, suggests growing confidence in the stock, contributing to its upward price movement. Overall, the combination of strong company fundamentals and favorable market dynamics has propelled Avance Technologies Ltd's stock price higher.