Why is Ajanta Soya falling/rising?

As of 13-Nov, Ajanta Soya Ltd's stock price is currently at Rs 32.53, reflecting an increase of Rs 1.52 or 4.9%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 6.59% during this period. It opened with a gain of 2.23% today and reached an intraday high of Rs 33.24, which is a 7.19% increase. Despite this recent uptick, the stock has underperformed over longer periods, with a year-to-date decline of 32.84% compared to the Sensex's gain of 8.11%. The stock's moving averages indicate it is currently above the 5-day average but below the longer-term averages, suggesting mixed performance trends. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 27.66% against the 5-day average.
Broader Market Context: In the short term, Ajanta Soya's performance has outpaced the sector by 4.29%, indicating some positive sentiment among investors despite its longer-term struggles. Over the past week, the stock has declined by 1.90%, contrasting with the Sensex's gain of 1.40%, highlighting a divergence in performance. The broader market context shows that while Ajanta Soya has experienced a recent rally, it still faces significant challenges compared to the overall market, as evidenced by its substantial year-to-date losses and underperformance over the past month and year.