Why is Ajanta Soya falling/rising?

As of 12-Sep, Ajanta Soya Ltd's stock price is currently at 36.40, reflecting an increase of 0.49 or 1.36%. The stock has shown a positive performance today, outperforming its sector by 2.36%. In terms of returns, over the past week, the stock has risen by 1.96%, and over the past month, it has increased by 11.76%. However, despite these short-term gains, the stock has experienced a significant decline of 20.63% over the past year. The company maintains a low debt-to-equity ratio and has a strong return on equity of 18.8, indicating an attractive valuation. Additionally, while the stock is trading at a discount compared to its peers, it has faced challenges with poor long-term growth metrics, including a decline in net sales and operating profit.
In the broader market context, Ajanta Soya's recent performance has outpaced the Sensex, which has risen by 1.48% over the past week and 2.08% over the past month. However, the stock's year-to-date performance is concerning, with a decline of 24.86%, contrasting sharply with the Sensex's gain of 4.82%. The stock's liquidity remains adequate for trading, but there has been a noted decrease in investor participation, with delivery volume falling by 0.82% against the five-day average. This decline in participation, coupled with flat quarterly results and underperformance against broader indices over the long term, suggests that while there are some positive factors supporting the stock's recent rise, significant challenges remain that could hinder sustained growth.