Why is Ajanta Soya falling/rising?

As of 24-Sep, Ajanta Soya Ltd's stock is currently priced at 36.50, reflecting an increase of 0.16, or 0.44%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 0.8%. However, it has underperformed the benchmark Sensex over the past week, with a decline of 2.17% compared to the Sensex's drop of 1.18%. Despite this recent uptick, the stock's year-to-date performance remains concerning, with a significant decline of 24.65%. The company has a low debt-to-equity ratio and an attractive valuation indicated by a return on equity of 15.5% and a price-to-book value of 1.8. However, the stock's long-term growth prospects are hindered by flat results in recent quarters and consistent underperformance against the benchmark over the last three years.
In the broader market context, while Ajanta Soya has outperformed its sector by 0.51% today, its short-term performance still lags behind the benchmark, which has shown a modest gain of 0.50% over the past month. The stock's liquidity is adequate, but a significant drop in delivery volume suggests falling investor participation, which could impact future price movements. Additionally, despite a substantial increase in profits over the past year, the stock's overall returns have been negative, indicating that investor sentiment may be cautious due to the company's inconsistent sales growth and recent financial results.