Why is Jain Irrigation falling/rising?

As of 26-Aug, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at Rs 47.36, which reflects a decrease of Rs 1.09 or 2.25%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 9.53% during this period. It is also trading lower than its moving averages across various time frames, indicating a bearish trend. The stock is close to its 52-week low, just 4.65% away from Rs 45.16. Despite a healthy long-term growth rate in operating profit of 22.56%, the stock has generated a significant negative return of -36.29% over the past year, coinciding with a 46.5% drop in profits. Additionally, the company's low Return on Capital Employed (ROCE) of 3.89% and high Debt to EBITDA ratio of 8.85 times raise concerns about its management efficiency and ability to service debt, further contributing to the stock's downward pressure.
In the broader market context, Jain Irrigation's performance has been notably weaker than the benchmark, with a 1-week return of -6.64% compared to the Sensex's decline of only -1.05%. Over the past month, the stock has decreased by 9.60%, while the Sensex has fallen by just 0.83%. This stark contrast highlights the stock's underperformance not only in the short term but also in the long term, as it has lagged behind the BSE500 index over various periods. The agriculture sector, in which Jain Irrigation operates, has also seen a decline of 2.01%, suggesting that broader sectoral challenges may be impacting investor sentiment and contributing to the stock's falling price.