Why is Jain Irrigation falling/rising?

As of 30-Jul, Jain Irrigation Systems Ltd is currently priced at 51.37, reflecting a decline of 0.61, or 1.17%. The stock has underperformed its sector by 0.26% today, and it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 3.24%, and it has seen a significant drop of 30.36% over the past year, while its profits have fallen by 46.5%. The company's low Return on Capital Employed (ROCE) of 3.89% and high Debt to EBITDA ratio of 8.85 indicate poor management efficiency and a low ability to service debt, contributing to negative investor sentiment. Additionally, the pledge of 44.59% of promoter shares adds pressure on the stock in a declining market.
In the broader market context, Jain Irrigation's short-term performance has been notably worse than the benchmark, with a 1-week decline of 3.24% compared to the Sensex's decrease of 1.50%. This underperformance is compounded by the company's flat results and low growth in net sales over the last five years, which has led to a lack of investor confidence. Despite some positive long-term growth indicators, such as a healthy operating profit growth rate of 22.56%, the overall negative factors, including poor profitability and high debt levels, overshadow these positives, resulting in a downward trend in the stock price.