Why is JBM Auto falling/rising?

As of 18-Jul, JBM Auto Ltd's stock price is currently at 641.40, reflecting a decrease of 5.25 points or 0.81%. The stock has underperformed in the short term, with a 1-week return of -0.09%, while the benchmark Sensex fell by 0.90%. Over the past month, JBM Auto has seen a more significant decline of 7.16%, contrasting with a slight gain of 0.38% in the Sensex. Today's performance indicates that the stock has outperformed its sector by 0.28%, but it is trading below all key moving averages, suggesting a bearish trend. Additionally, there has been a notable drop in investor participation, with delivery volume falling by 12.51% compared to the 5-day average. The company's high Debt to EBITDA ratio of 3.86 times raises concerns about its ability to service debt, which, combined with flat results and a high PEG ratio of 5.8, contributes to a negative outlook.
Broader market context shows that JBM Auto has significantly underperformed the market over the last year, with a return of -36.81% compared to the BSE500's decline of only -0.36%. This stark contrast highlights the stock's struggles relative to broader market conditions. Despite healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive, and the low stake held by domestic mutual funds may indicate a lack of confidence in the company's current price or business prospects. Overall, these factors contribute to the stock's downward movement in the market.