Why is Avantel falling/rising?

As of 13-Oct, Avantel Ltd's stock is currently priced at 190.55, reflecting a decline of 13.15 points or 6.46%. The stock has underperformed its sector by 3.23% today and has experienced consecutive falls over the last two days, resulting in a total drop of 8.08%. Despite a strong long-term growth trajectory with a 31.30% increase year-to-date and a remarkable 890.78% rise over the past three years, the recent performance has been negatively impacted by a decrease in investor participation, as evidenced by a 27.24% drop in delivery volume compared to the five-day average. Additionally, while the stock remains above its longer-term moving averages, it is currently below its five-day moving average, indicating short-term weakness.
In the broader market context, Avantel's recent decline contrasts sharply with the Sensex, which has shown a modest increase of 0.66% over the past week. This divergence highlights the stock's recent struggles despite its strong historical performance, as it has outperformed the BSE500 consistently over the last three years. The IT - Hardware sector has also faced a downturn, falling by 3.26%, which may contribute to the negative sentiment surrounding Avantel. Overall, while the company maintains a solid ability to service debt and has demonstrated healthy long-term growth, the current market conditions and recent trading activity suggest a challenging environment for the stock in the short term.