Why is Jain Irrigation falling/rising?

As of 23-Jul, Jain Irrigation Systems Ltd is currently priced at 53.09, reflecting a slight increase of 0.16 (0.3%). Despite this minor uptick, the stock has underperformed its sector by 0.27% today and has been on a downward trend, having fallen for five consecutive days prior to this gain. Over the past week, the stock has decreased by 3.23%, and it has shown a significant decline of 25.89% over the past year. The company has a low Return on Capital Employed (ROCE) of 4.9 and a high Debt to EBITDA ratio of 8.85, indicating weak long-term fundamental strength. Additionally, the stock's profitability has been adversely affected, with profits falling by 60.6% over the past year, which contributes to its negative performance.
In the broader market context, Jain Irrigation's short-term performance contrasts with the Sensex, which has gained 0.11% over the past week. The stock's liquidity is adequate for trading, but the declining delivery volume suggests falling investor participation, which may further pressure the stock price. The company has also underperformed against the BSE500 over various time frames, highlighting its struggles in both the near and long term. The high percentage of pledged promoter shares, at 44.59%, adds to the downward pressure in a falling market, further complicating the stock's outlook.