Why is Ajanta Soya falling/rising?

As of 10-Sep, Ajanta Soya Ltd's stock price is currently at 35.99, reflecting an increase of 0.18 or 0.5%. The stock has shown a positive trend recently, having outperformed its sector by 0.52% today and achieving consecutive gains over the last two days with a total return of 0.84%. Over the past week, the stock has risen by 2.19%, and in the past month, it has increased by 14.47%. Despite these short-term gains, the stock has a concerning long-term performance, with a year-to-date decline of 25.70% and a one-year return of -22.44%. The company has a low debt-to-equity ratio and a strong return on equity of 18.8%, indicating an attractive valuation, but it has also faced challenges with flat results in recent quarters, including a significant drop in profit after tax.
In the broader market context, Ajanta Soya's recent performance has outpaced the Sensex, which has only increased by 1.06% over the past week and 1.96% over the past month. However, the stock's long-term performance remains a concern, as it has underperformed the BSE500 over the last three years, one year, and three months. The falling investor participation, indicated by a 23.21% decrease in delivery volume compared to the five-day average, suggests a lack of confidence among investors despite the recent price increase. Overall, while the stock is experiencing short-term gains, its long-term growth prospects appear limited, contributing to a mixed outlook.