Why is Jain Irrigation falling/rising?

As of 10-Nov, Jain Irrigation Systems Ltd is experiencing a decline in its stock price, currently at 48.32, reflecting a decrease of 0.99 or 2.01%. The stock has underperformed its sector today by 0.29%, 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 dropped by 5.46%, and it has seen a significant decline of 29.33% over the past year. While the company has reported healthy long-term growth with an annual operating profit increase of 23.68% and impressive quarterly results, including a 254.7% growth in PAT, the stock's performance is hampered by poor management efficiency, a high Debt to EBITDA ratio of 13.18 times, and a substantial percentage of promoter shares being pledged (40.77%).
In the broader market context, Jain Irrigation's recent performance contrasts sharply with the Sensex, which has gained 1.25% over the past month. The stock's underperformance is evident as it has generated negative returns over various periods, including a 29.01% decline year-to-date, while the benchmark has risen by 6.91%. This disparity highlights the challenges Jain Irrigation faces, including low profitability per unit of capital and a lack of investor confidence, which is reflected in the falling delivery volume, down by 49.18% against the 5-day average. Overall, the combination of weak financial metrics and broader market trends contributes to the stock's downward movement.