Why is JBM Auto falling/rising?

As of 01-Jul, JBM Auto Ltd's stock price is currently at 653.50, reflecting an increase of 10.05 or 1.56%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 1.71%. It outperformed its sector by 1.5% today and reached an intraday high of Rs 667.95. However, the stock's performance over the past month has been negative, with a decline of 8.84%, and it has underperformed the benchmark Sensex over the last year, which has seen a return of 5.31% compared to JBM Auto's significant drop of 40.54%. While the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 24.58%, it faces challenges such as a high Debt to EBITDA ratio of 3.86, which indicates a low ability to service debt, and a low Debtors Turnover Ratio.
Broader Market Context: In the short term, JBM Auto's stock has underperformed the benchmark Sensex, which has gained 2.00% over the past week, while JBM Auto's return was only 1.66%. This underperformance is compounded by the fact that domestic mutual funds hold a minimal stake in the company, suggesting a lack of confidence in its current valuation. Despite the stock trading at a discount compared to its peers, its high PEG ratio of 5.9 and the flat results reported in March indicate that investors may be cautious about its future prospects. Overall, while there are some positive indicators, the combination of high debt levels and recent poor performance relative to the market contributes to a cautious outlook for JBM Auto.