Why is Avanti Feeds falling/rising?

As of 17-Nov, Avanti Feeds Ltd. is experiencing a price increase, currently at 764.65, with a change of 13.6, representing a rise of 1.81%. The stock has shown strong performance recently, gaining 4.32% over the last three days and outperforming the benchmark Sensex with a weekly return of 10.05% compared to the Sensex's 1.69%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a slight decline in delivery volume, the company has demonstrated high management efficiency, a low debt-to-equity ratio, and consistent positive results over the last six quarters, which contribute to its attractive valuation and recent price movement.
In the broader market context, Avanti Feeds has outperformed the Sensex not only in the short term but also over longer periods, with a year-to-date return of 12.07% compared to the Sensex's 8.72%. This strong performance is further highlighted by the stock's significant returns over the past year and three years, indicating robust investor confidence. The company's ability to generate substantial profits, as evidenced by a 47.9% increase in profits over the past year, along with a favorable PEG ratio of 0.4, suggests that the stock is trading at a discount relative to its peers, reinforcing its upward price movement.