Why is Jain Irrigation falling/rising?

As of 28-Jul, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at 51.96, reflecting a decrease of 0.43 or 0.82%. The stock has underperformed its sector by 0.49% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has decreased by 2.71%, and it has shown a significant decline of 30.90% over the past year, while its profits have fallen by 46.5%. The company also faces challenges such as poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 3.89%, and a high Debt to EBITDA ratio of 8.85 times, which suggests a low ability to service its debt. Additionally, 44.59% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.
In the broader market context, Jain Irrigation's short-term performance has been notably weaker than the benchmark, with a 1-week decline of 2.71% compared to the Sensex's drop of 1.59%. This underperformance is compounded by the company's flat results reported on June 25 and a concerning Debtors Turnover Ratio, which is at its lowest. While the stock has shown healthy long-term growth in operating profit, the current financial metrics and market sentiment indicate a challenging environment for Jain Irrigation, leading to its recent price decline.