Why is Avantel falling/rising?

As of 24-Jun, Avantel Ltd's stock price is currently at Rs 161.40, reflecting a decrease of Rs 1.95 or 1.19%. Today's price summary indicates that the stock has underperformed its sector by 3.12% and has experienced a trend reversal after three consecutive days of gains. The stock reached an intraday high of Rs 167.95 but fell to a low of Rs 159.55, with more trading volume occurring closer to the low price. Despite a strong performance over the past week and month, with returns of 5.15% and 26.14% respectively, the stock's recent quarterly financial results show significant declines in profit before tax, profit after tax, and net sales compared to previous quarters, contributing to its current downward movement.
In the broader market context, while Avantel's short-term performance has been strong relative to the Sensex, which gained only 0.58% over the past week, the stock's year-to-date return of 11.21% still lags behind the benchmark's 5.01%. The company's low debt-to-EBITDA ratio and healthy long-term growth in net sales and operating profit suggest potential for recovery; however, the high valuation metrics and low domestic mutual fund ownership indicate caution among investors. The combination of strong historical returns over three and five years, contrasted with recent poor quarterly performance, has created a complex situation for the stock, leading to its current decline.