Why is Avanti Feeds falling/rising?

As of 19-Nov, Avanti Feeds Ltd. is experiencing a significant rise in its stock price, currently at 842.80, reflecting an increase of 76.25 or 9.95%. The stock has shown strong performance recently, gaining 14.98% over the past week and 22.72% over the past month. It has consistently outperformed the sector by 1.71% today and has been on a gaining streak for the last five days. The stock reached an intraday high of Rs 857.9, indicating strong investor interest. Positive financial metrics, such as a high return on equity (ROE) of 20.5 and consistent positive results over the last six quarters, contribute to its attractive valuation. However, there are concerns regarding falling investor participation, as delivery volume has decreased significantly compared to the average.
In the broader market context, Avanti Feeds has outperformed the Sensex, which only increased by 0.85% over the past week, while Avanti Feeds surged by nearly 15%. This strong performance is indicative of the company's robust fundamentals and market confidence, especially in the aquaculture sector, which has gained 8.19%. Despite the positive short-term performance, there are risks associated with the company's long-term growth, as net sales and operating profit have shown modest growth rates over the last five years. Nonetheless, the stock's current momentum and favorable financial indicators suggest a positive outlook in the near term.