Why is Ajanta Soya falling/rising?

As of 19-Sep, Ajanta Soya Ltd's stock price is currently at 36.74, reflecting an increase of 0.91 or 2.54%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 2.12% today. In terms of returns, over the past week, the stock has risen by 0.93%, and over the last month, it has significantly increased by 41.31%. However, it has experienced a decline of 24.15% year-to-date and 18.81% over the past year. The company has a low debt-to-equity ratio and an attractive return on equity of 15.5%, with profits rising by 137.7% despite the stock's negative returns. Nonetheless, the stock's long-term growth prospects appear poor, as indicated by flat results in recent quarters and underperformance compared to broader indices.
In the broader market context, Ajanta Soya's short-term performance has outpaced the Sensex, which has risen by 0.88% over the same week. However, the stock's year-to-date performance is significantly lagging behind the benchmark's 5.74% increase. The recent decline in investor participation, with delivery volume falling by 14.54% against the five-day average, raises concerns about liquidity and market interest. While the stock is trading at a discount compared to its peers and has shown strong profit growth, the flat sales and profit before tax results indicate challenges that may affect investor confidence moving forward.