Why is Avanti Feeds falling/rising?

As of 13-Aug, Avanti Feeds Ltd. is experiencing a price increase, currently at 679.25, reflecting a rise of 14.55 or 2.19%. The stock has shown a positive trend recently, gaining 6.27% over the last three days, and it reached an intraday high of Rs 713.7. Despite a decline of 8.78% over the past month, the stock's performance today is in line with its sector, and there is a notable increase in investor participation, with delivery volume rising by 58.38% compared to the five-day average. The company has demonstrated strong financial health, with a high return on equity (ROE) of 16.17%, low debt-to-equity ratio, and consistent positive results over the last five quarters, which supports its valuation as attractive compared to peers.
In the broader market context, Avanti Feeds' short-term performance contrasts with the Sensex, which has remained flat with a change of -0.01% over the past week. While the stock has underperformed the benchmark over the past month and year, it has outperformed the Sensex over three years, indicating a potential for recovery. The stock's current rise may be influenced by its strong operational cash flow and rising profits, despite its negative returns over the last year. Overall, the combination of recent gains, strong financial metrics, and increased trading activity suggests a positive sentiment among investors, even as the stock has faced challenges in the longer term.