Why is Jain Irrigation falling/rising?

As of 07-Aug, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at Rs. 47.01, which represents a decrease of 0.95 or 1.98%. The stock has hit a new 52-week low of Rs. 45.16 today and has been on a downward trend, losing value for the past seven days with a total decline of 9.56% 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. Investor participation has also decreased, with delivery volume falling by 47.43% compared to the 5-day average, suggesting reduced interest in the stock. The performance of Jain Irrigation has been poor over the past month, with a 16.66% decline, and a significant year-to-date drop of 30.94%, contrasting sharply with the Sensex, which has gained 3.18% during the same period.
In the broader market context, Jain Irrigation's short-term performance has significantly underperformed compared to the benchmark Sensex, which has only declined by 0.69% over the past week. This stark contrast highlights the challenges faced by Jain Irrigation in the current market environment. The company's long-term performance shows some resilience, with a 34.70% increase over the past three years and a remarkable 349.00% rise over five years; however, these gains are overshadowed by its recent struggles. The lack of positive factors reported further complicates the outlook for Jain Irrigation, as it continues to face headwinds in both investor sentiment and market performance.