Why is Avanti Feeds falling/rising?

As of 24-Sep, Avanti Feeds Ltd. is currently priced at 682.05, reflecting a decrease of 7.15, or 1.04%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 7.2% during this period. It has also touched an intraday low of Rs 673.35, which is a 2.3% drop. In terms of performance against benchmarks, the stock has shown a 6.90% decline over the past week, while it has performed positively over the past month with a 5.80% increase. Despite the recent downturn, the company has demonstrated strong fundamentals, including a high return on equity (ROE) of 16.17%, a low debt-to-equity ratio, and consistent positive results over the last five quarters, which may suggest that the stock is undervalued compared to its peers.
In the broader market context, the Sensex has only declined by 1.18% over the past week, indicating that Avanti Feeds' short-term performance is underperforming relative to the market. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 5.42% against the five-day average. This decline in trading activity, coupled with the stock trading below its moving averages, suggests a bearish sentiment among investors. Overall, while the company maintains strong operational metrics and a solid financial position, the recent price movements reflect a combination of market sentiment and short-term trading dynamics.