Why is Ajanta Soya falling/rising?

As of 05-Sep, Ajanta Soya Ltd's stock price is currently at Rs 35.70, reflecting an increase of Rs 1.45 or 4.23%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and has outperformed its sector by 5.28%. Over the past week, the stock has risen by 10.53%, while its performance over the past month shows a gain of 9.88%. However, despite this recent uptick, the stock has experienced a significant decline year-to-date, down 26.30%, and over the past three years, it has decreased by 34.19%. Additionally, the delivery volume has fallen by 46.01% against the five-day average, indicating a decrease in investor participation, which could impact future price movements.
Broader market context reveals that while Ajanta Soya has outperformed the Sensex in the short term, the benchmark index has only increased by 1.13% over the past week. This suggests that the stock's recent rise may be driven by specific company factors rather than broader market trends. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages, indicating mixed signals regarding its longer-term performance. Overall, while the stock is experiencing a short-term recovery, its long-term performance remains concerning compared to the broader market.