Why is Ajanta Soya falling/rising?

As of 23-Jul, Ajanta Soya Ltd's stock price is currently at 37.11, reflecting a decrease of 0.2, or 0.54%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 46.67% compared to the 5-day average. Despite positive results over the last five quarters, including a substantial growth in profit after tax and net sales, the stock has experienced a decline of 3.64% over the past month and a year-to-date drop of 23.39%. This suggests that while the company has shown strong performance metrics, the market's perception may be influenced by its long-term growth concerns, as evidenced by the slower growth rates in net sales and operating profit over the past five years.
In the broader market context, Ajanta Soya's recent performance contrasts with the benchmark, as it has underperformed the Sensex, which has gained 0.11% over the past week. The stock's year-to-date decline of 23.39% starkly contrasts with the Sensex's increase of 5.87%, highlighting a significant divergence in performance. While Ajanta Soya has generated a return of 20.64% over the past year, which is notably higher than the market average, the recent downturn and poor long-term growth outlook may be contributing to investor caution, leading to the current price decline.