Why is Jain Irrigation falling/rising?

As of 15-Jul, Jain Irrigation Systems Ltd is experiencing a price increase, currently at Rs 55.12, which reflects a rise of 1.12 or 2.07%. The stock has shown a trend reversal, gaining after three consecutive days of decline, and reached an intraday high of Rs 56.14, marking a 3.96% increase. Despite this recent uptick, the stock has underperformed over the past month with a decline of 13.92% compared to the Sensex's gain of 1.79%. Additionally, while the stock is trading at a discount relative to its peers, it has faced significant challenges, including a 60.6% drop in profits over the past year and a weak long-term fundamental strength indicated by a -1.45% CAGR growth in net sales over the last five years.
In the broader market context, Jain Irrigation's short-term performance has been weaker than the benchmark, with a 1-week return of -1.76% compared to the Sensex's -1.36%. This underperformance is compounded by the company's high Debt to EBITDA ratio of 8.85 times, indicating a low ability to service debt, and a Return on Equity averaging only 0.43%, suggesting low profitability. The stock's liquidity is adequate for trading, but the overall negative sentiment surrounding its financial health and performance metrics continues to weigh heavily on investor confidence, contributing to its recent volatility despite today's positive movement.