Why is JBM Auto falling/rising?

As of 24-Jun, JBM Auto Ltd's stock price is currently at Rs 642.80, reflecting a decline of Rs 12.15 or 1.86%. The stock has been underperforming significantly, having fallen for six consecutive days, resulting in a total decline of 10.68% during this period. Additionally, it has underperformed its sector by 2.56% today. The stock's performance over the past week shows a decrease of 8.24%, and it has experienced a substantial drop of 37.74% over the past year, while its profits have only increased by 12.9%. The company's high Debt to EBITDA ratio of 3.86 times and low Debtors Turnover Ratio of 5.43 times indicate a low ability to service debt, contributing to negative sentiment among investors. Furthermore, the lack of significant domestic mutual fund investment, holding only 0.22%, suggests a lack of confidence in the stock's current valuation.
In the broader market context, JBM Auto's recent performance contrasts sharply with the benchmark, as the Sensex has gained 0.58% over the past week and 6.10% over the past year. This stark difference highlights the stock's struggle to attract investor interest, particularly given its negative returns compared to the market's positive performance. The stock's liquidity remains adequate for trading, but the falling investor participation, evidenced by a 56.6% drop in delivery volume, further underscores the challenges it faces. Overall, the combination of poor short-term performance, high debt levels, and lack of institutional support has led to a negative outlook for JBM Auto Ltd.