Why is JBM Auto falling/rising?

As of 05-Aug, JBM Auto Ltd's stock price is currently at 627.40, reflecting a decrease of 0.85 or 0.14%. The stock is trading below its moving averages across various time frames, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 42.41% compared to the 5-day average. Over the past year, JBM Auto has underperformed the market, generating a return of -32.53% while the benchmark Sensex has increased by 2.48%. Despite a healthy long-term growth in net sales and operating profit, the company's high Debt to EBITDA ratio of 3.86 times and disappointing quarterly results have raised concerns among investors.
In the broader market context, JBM Auto's recent performance contrasts sharply with the benchmark, as it has declined by 3.48% over the past week while the Sensex has only dropped by 0.77%. The stock's significant underperformance over the last year, coupled with low domestic mutual fund participation, suggests a lack of confidence in its valuation and business prospects. Although the company has shown growth in profits, the high PEG ratio of 5.7 indicates that it may be overvalued relative to its earnings growth. Overall, these factors contribute to a negative sentiment surrounding JBM Auto's stock price movement.