Why is Avance Tech. falling/rising?

As of 04-Sep, Avance Technologies Ltd's stock is currently priced at Rs. 2.05, reflecting an increase of Rs. 0.04 or 1.99%. The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining for the last 21 consecutive days with a remarkable return of 42.36% over this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Despite a decline in delivery volume by 28.94% against the 5-day average, the company showcases healthy long-term growth, with net sales increasing at an annual rate of 342.50% and operating profit at 94.94%. This strong performance has allowed the stock to significantly outperform the broader market, generating 125.27% returns over the past year while the market has faced negative returns.
In the broader market context, Avance Technologies Ltd's short-term return of 8.47% over the past week significantly outpaces the Sensex, which has only increased by 0.80% in the same timeframe. This stark contrast highlights the stock's strong performance relative to the benchmark. Furthermore, while the BSE500 has experienced negative returns of -4.38% over the last year, Avance Technologies has thrived, showcasing its resilience and attractiveness to investors. Overall, the combination of consistent gains, strong financial growth, and market-beating performance contributes to the stock's rising price.