Why is JBM Auto falling/rising?

As of 07-Aug, JBM Auto Ltd's stock price is currently at 612.05, reflecting a decline of 8.85 points or 1.43%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decrease of 2.58% during this period. It has also touched an intraday low of Rs 595.5, which is a drop of 4.09%. Over the past week, JBM Auto has experienced a return of -4.96%, significantly underperforming the Sensex, which only declined by 0.69%. The company's financial health is concerning, as indicated by a high Debt to EBITDA ratio of 3.86 times and disappointing quarterly results, including a 27.1% drop in PAT compared to the previous four-quarter average. Additionally, the stock's valuation appears expensive with a PEG ratio of 5.5, and domestic mutual funds hold a minimal stake of only 0.24%, suggesting a lack of confidence in the stock's current price.
Broader market context indicates that JBM Auto has not only underperformed the market over the last year, with a return of -34.54% compared to the BSE500's -1.34%, but it has also lagged behind in the short term. The stock's performance over the last month shows a decline of 3.77%, while the Sensex has fallen by only 3.38%. This broader market context highlights the stock's struggles, as it has consistently failed to keep pace with market benchmarks, further exacerbated by falling investor participation and liquidity issues. Despite some positive long-term growth indicators, such as a 29.12% annual growth in net sales, the immediate outlook remains negative due to the company's high debt levels and poor recent financial performance.