Why is Aveer Foods falling/rising?

As of 15-Jul, Aveer Foods Ltd is experiencing a decline in its stock price, currently at Rs 798.00, which represents a decrease of Rs 41.0 or 4.89%. Today's price summary indicates that the stock has underperformed its sector by 5.53% and has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 765.05, reflecting a significant drop of 8.81%. Despite this decline, Aveer Foods has shown strong performance over the past year, with a return of 63.86%, significantly outpacing the market's return of 0.37%. However, the recent drop may be influenced by falling investor participation, as evidenced by a 22.95% decrease in delivery volume compared to the five-day average.
In the broader market context, Aveer Foods' short-term performance over the past week shows a decline of 1.48%, slightly worse than the Sensex's decline of 1.36%. While the company has demonstrated a strong ability to service debt and has reported positive results for the last three consecutive quarters, its current valuation appears expensive with a Price to Book Value of 16.1. This may contribute to investor caution, particularly in light of the stock's recent price movements and the overall market sentiment.