Why is Jain Irrigation falling/rising?

As of 02-Sep, Jain Irrigation Systems Ltd has experienced a price increase, currently trading at 53.26, reflecting a rise of 1.36 or 2.62%. The stock has shown a strong performance recently, gaining 12.46% over the past week and outperforming its sector by 0.28% today. It has also achieved an intraday high of Rs 53.53. However, despite these short-term gains, the stock has a negative year-to-date return of -21.76% and a one-year return of -23.25%, indicating significant long-term challenges. The company has healthy long-term growth potential with an operating profit growth rate of 22.56%, but it faces issues such as poor management efficiency and a high Debt to EBITDA ratio, which may hinder its profitability and investor confidence.
In the broader market context, Jain Irrigation's recent performance contrasts sharply with the Sensex, which has declined by 0.78% over the past week. While the stock has shown resilience in the short term, its long-term performance remains concerning, as it has underperformed the BSE500 over various time frames. The agriculture sector has gained by 2.73%, suggesting some positive sentiment in the industry, but Jain Irrigation's high level of pledged promoter shares and low return on capital employed could continue to exert downward pressure on its stock price in a falling market.