Why is Ajanta Soya falling/rising?

As of 22-Sep, Ajanta Soya Ltd's stock price is currently at 36.35, reflecting a decrease of 0.39, or 1.06%. The stock has shown a mixed performance recently, with a decline of 5.04% over the past week, while it has increased by 25.30% over the last month. However, it has underperformed significantly on a year-to-date basis, with a drop of 24.96%. Today's price summary indicates that the stock is trading above its 20-day and 50-day moving averages but below its 5-day, 100-day, and 200-day moving averages. Additionally, there has been a notable decline in investor participation, with delivery volume falling by 62.59% compared to the 5-day average. Despite a low debt-to-equity ratio and a strong return on equity of 15.5%, the stock's recent performance has been hindered by poor long-term growth metrics, including a significant drop in profit after tax and net sales in the latest quarter.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, as evidenced by the Sensex's gain of 0.46% over the past week. While Ajanta Soya has shown some recovery in the last month, its year-to-date performance is starkly negative compared to the Sensex's positive return of 5.15%. The company's consistent underperformance against the benchmark over the last three years, coupled with flat quarterly results and a decline in key financial metrics, suggests that investor sentiment may be cautious. This context, combined with the stock's declining trading volume, indicates a challenging environment for Ajanta Soya Ltd, contributing to its current price decline.