Why is Jain Irrigation falling/rising?

As of 05-Sep, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at 53.79, reflecting a decrease of 0.71 or 1.3%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total return of -5.63% during this period. Despite outperforming its sector by 1.02% today, the stock's longer-term performance shows a significant decline, with a year-to-date return of -20.98% and a one-year return of -23.89%. The company faces challenges such as low 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 difficulties in servicing its debt. Additionally, the stock's profitability has been negatively impacted by a 46.5% drop in profits over the past year.
In the broader market context, Jain Irrigation's short-term performance contrasts with the Sensex, which has gained 1.13% over the past week, while Jain Irrigation has increased by 8.14% in the same timeframe. However, the stock's recent decline and overall underperformance in the long term, including a -23.89% return over the past year, highlight its struggles compared to the benchmark. The agriculture sector has also seen a downturn, falling by 2.21%, which may contribute to the negative sentiment surrounding Jain Irrigation. The combination of falling investor participation, as evidenced by a 27.05% decrease in delivery volume, and the high percentage of pledged promoter shares adds further downward pressure on the stock price in a declining market.