Why is Avanti Feeds falling/rising?

As of 22-Aug, Avanti Feeds Ltd. is currently priced at 644.65, reflecting a decrease of 2.35, or 0.36%. The stock has been on a downward trend, having fallen consecutively for the last four days, resulting in a total decline of 2.62% during this period. Additionally, the stock is trading below its moving averages across various timeframes, indicating a bearish sentiment. Despite outperforming its sector by 0.27% today, the stock has underperformed in the longer term, with a 14.22% decline over the past month and a 5.52% drop year-to-date. However, the company maintains a strong financial position, highlighted by a high return on equity (ROE) of 16.17%, a low debt-to-equity ratio, and positive results over the last five quarters, which may provide some support against further declines.
In the broader market context, the Sensex has shown a positive return of 0.88% over the past week, contrasting with Avanti Feeds' decline of 0.83% during the same period. This underperformance relative to the benchmark suggests that investor sentiment towards Avanti Feeds is weaker compared to the overall market. The falling investor participation, as evidenced by a significant drop in delivery volume, further indicates a lack of confidence among traders. While the company has strong fundamentals and attractive valuations, the recent price movements and broader market trends suggest that investors are currently cautious, leading to the stock's decline.