Why is Avenue Super. falling/rising?

As of 01-Jul, Avenue Supermarts Ltd's stock price is rising, currently at Rs 4,452.20, reflecting an increase of Rs 80.05 or 1.83%. The stock has been on an upward trend, gaining for the last five consecutive days and achieving a return of 4.67% during this period. It has also reached an intraday high of Rs 4,482.10, indicating strong performance. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests positive momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 99.32% compared to the 5-day average. The company boasts a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 19.00% and operating profit at 15.58%. As the largest company in its sector, it constitutes a substantial portion of the industry, further supporting its stock price.
In the broader market context, Avenue Supermarts Ltd has outperformed the benchmark Sensex in the short term, with a weekly return of 4.67% compared to the Sensex's 2.00%. This strong performance relative to the benchmark indicates positive investor sentiment towards the stock. Over the past month, the stock has also shown a significant return of 11.24%, again surpassing the Sensex's 2.76%. Despite a decline of 5.97% over the past year, the recent gains and strong fundamentals suggest a recovery phase, bolstered by rising investor interest and liquidity in the stock.