Why is Avonmore Capital falling/rising?

As of 14-Jul, Avonmore Capital & Management Services Ltd is experiencing a price increase, currently at 19.71, reflecting a rise of 0.75 or 3.96%. The stock has shown strong performance recently, gaining 6.6% over the last three days and outperforming its sector by 3.88%. Over the past year, the stock has generated a remarkable return of 55.44%, significantly higher than the market's return of 2.15%. Additionally, the stock's long-term fundamentals are strong, with a healthy operating profit growth rate of 36.98% and a notable increase in promoter confidence, as they have raised their stake by 0.57% in the last quarter.
In the broader market context, Avonmore's short-term performance stands in stark contrast to the benchmark, as it has risen by 6.54% over the past week while the Sensex has declined by 1.42%. This divergence highlights the stock's resilience and attractiveness to investors amid a challenging market environment. The liquidity of the stock is also favorable, with a significant increase in delivery volume, indicating rising investor participation. Overall, these factors contribute to a positive outlook for Avonmore Capital, reinforcing its upward price movement.