Why is JBM Auto falling/rising?

As of 10-Jul, JBM Auto Ltd's stock price is currently at Rs 648.75, reflecting an increase of Rs 12.75, or 2.0%. Today's performance indicates that the stock has outperformed its sector by 2.02%, reaching an intraday high of Rs 669.95, which is a 5.34% increase. However, the stock has shown a decline of 11.63% over the past month and a significant drop of 41.78% over the past year. While the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 24.58% and operating profit at 27.17%, it faces challenges such as a high Debt to EBITDA ratio of 3.86 times, which indicates a low ability to service debt. Additionally, the stock's valuation appears expensive with a PEG ratio of 5.9, and domestic mutual funds hold only a minimal stake, suggesting a lack of confidence in the stock's current price.
In the broader market context, JBM Auto's short-term performance has been relatively better than the benchmark, as it has increased by 2.0% today while the Sensex has shown a slight decline of 0.06% over the same period. However, the stock has underperformed the market significantly over the past year, with a return of -41.78% compared to the BSE500's positive return of 1.46%. This stark contrast highlights the challenges JBM Auto faces in regaining investor confidence, particularly given its flat results in March and the low participation from domestic mutual funds. Despite today's rise, the overall trend suggests that the stock is still grappling with substantial headwinds that could impact its future performance.