Why is Avonmore Capital falling/rising?

As of 13-Jun, Avonmore Capital & Management Services Ltd is experiencing a decline in its stock price, currently at 18.28, reflecting a decrease of 0.37 or 1.98%. The stock has underperformed its sector by 1.46% today and has been on a downward trend for the last three days, accumulating a total decline of 5.82%. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this recent downturn, the company has shown strong long-term fundamentals, with a notable average Return on Equity (ROE) of 15.41% and impressive growth in operating profit at an annual rate of 36.98%. Furthermore, promoter confidence has increased, with a 0.57% rise in their stake, indicating optimism about the company's future.
In the broader market context, Avonmore Capital's short-term performance has been significantly weaker than the benchmark, with a 1-week return of -5.63% compared to the Sensex's -1.30%. Over the past month, the stock has declined by 12.83%, while the benchmark has remained relatively flat with a change of -0.04%. However, it is important to note that Avonmore Capital has outperformed the market over the longer term, with a 49.06% return over the past year, compared to the Sensex's 5.61%. This disparity suggests that while the stock is currently facing challenges, its historical performance and strong fundamentals may provide a foundation for recovery in the future.