Why is Jain Irrigation falling/rising?

As of 14-Jul, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at 54.00, reflecting a decrease of 0.85 or 1.55%. The stock has been on a downward trend, losing value for the last three consecutive days, resulting in a total drop of 4.88% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past year, the stock has generated a return of -27.98%, with profits falling by 60.6%. Despite its attractive valuation metrics, such as a low enterprise value to capital employed ratio, the company's weak long-term fundamentals, including a high debt to EBITDA ratio and low return on equity, contribute to the negative sentiment surrounding the stock.
In the broader market context, Jain Irrigation's short-term performance has underperformed compared to the benchmark Sensex, which has seen a decline of only 1.42% over the past week. The stock's performance over the last month is particularly concerning, with a drop of 15.66%, while the Sensex has gained 1.40%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, the company's inability to service its debt effectively and its below-par performance in both long-term and near-term metrics have led to a lack of investor confidence, further exacerbating the stock's decline.