Why is JBM Auto falling/rising?

As of 25-Jul, JBM Auto Ltd's stock price is currently at 657.85, reflecting a decrease of 16.15, or 2.4%. The stock has underperformed its sector today by 0.99% and has experienced a trend reversal after two consecutive days of gains. It reached an intraday low of Rs 652.55, down 3.18%. Over the past week, the stock has shown a positive return of 2.56%, and a 3.01% increase over the past month, although it has significantly underperformed on a year-to-date basis with a decline of 14.23%. Despite healthy long-term growth indicators, such as a 24.58% annual increase in net sales and a 27.17% rise in operating profit, the company faces challenges with a high Debt to EBITDA ratio of 3.86 times, which raises concerns about its ability to service debt. Additionally, the stock's valuation appears expensive with a PEG ratio of 6, and domestic mutual funds hold only a minimal stake, indicating a lack of confidence at current price levels.
In the broader market context, while JBM Auto has shown positive returns in the short term, it has significantly underperformed the benchmark, with a one-year return of -34.23% compared to the Sensex's gain of 1.78%. This stark contrast highlights investor concerns regarding the company's financial health and market positioning. The overall market, represented by the BSE500, has also generated negative returns of -0.19% in the last year, yet JBM Auto's decline has been much steeper, suggesting that investors are reacting more negatively to the company's specific challenges than to the broader market conditions.