Why is JBM Auto falling/rising?

As of 01-Aug, JBM Auto Ltd's stock price is currently at 626.90, reflecting a decrease of 17.1 points or 2.66%. The stock has underperformed its sector by 1.44% today, having touched an intraday low of Rs 620.65, which is a decline of 3.63%. Over the past week, the stock has fallen by 4.70%, and it has also shown a significant decline of 18.27% year-to-date. While the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 29.12% and operating profit at 39.91%, it faces challenges such as a high Debt to EBITDA ratio of 3.86 times and a recent negative quarterly profit after tax (PAT) decline of 27.1%. The stock's valuation appears expensive with a PEG ratio of 5.7, and the low participation from domestic mutual funds, holding only 0.24%, may indicate a lack of confidence in the current price or business outlook.
In the broader market context, JBM Auto's performance has been notably weaker than the benchmark, with a one-year return of -38.10% compared to the BSE500's decline of only -4.13%. This stark contrast highlights the stock's struggles relative to the overall market. The stock's recent performance is further compounded by a significant drop in delivery volume, which has decreased by 49.16% against the five-day average, indicating reduced investor interest. Overall, the combination of high debt levels, disappointing recent earnings, and underwhelming market performance contributes to the stock's current downward trajectory.