Why is Ajanta Soya falling/rising?

As of 23-Sep, Ajanta Soya Ltd's stock price is currently at 36.34, reflecting a slight increase of 0.13 (0.36%). The stock has shown a mixed performance recently, with a 1-week decline of 7.30% while experiencing a significant 25.27% increase over the past month. However, it has underperformed over the year with a return of -18.34%. 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 decrease in investor participation, with delivery volume falling by 58.6% compared to the 5-day average. Despite a low debt-to-equity ratio and a strong return on equity of 15.5%, the company has faced challenges with flat quarterly results and consistent underperformance against benchmarks over the last three years.
In the broader market context, Ajanta Soya's recent performance contrasts sharply with the benchmark, as it has declined by 7.30% over the past week while the Sensex has only fallen by 0.34%. The stock's year-to-date performance is also concerning, with a decline of 24.98% compared to a 5.07% increase in the Sensex. This underperformance is compounded by the company's slow long-term growth, with net sales and operating profit growing at rates of only 12.42% and 13.38% respectively over the last five years. The stock's valuation appears attractive relative to its peers, trading at a discount, but the negative factors, including poor quarterly results and a history of underperformance, suggest that investor sentiment may be cautious, contributing to the stock's recent price movements.