Why is JBM Auto falling/rising?

As of 08-Aug, JBM Auto Ltd is experiencing a decline in its stock price, currently at Rs 593.50, which reflects a decrease of Rs 18.55 or 3.03%. The stock has underperformed its sector by 1.63% today and has been on a downward trend for the last four days, accumulating a total loss of 5.53% during this period. The stock's performance over various time frames shows a significant decline, with a year-to-date drop of 22.62% and a one-year decrease of 35.69%. Additionally, the company has reported negative quarterly results, including a 27.1% fall in PAT compared to the previous four-quarter average, and a high Debt to EBITDA ratio of 3.86 times, indicating low ability to service debt. Despite some positive long-term growth indicators, such as a 29.12% annual increase in net sales, these negative factors have contributed to the stock's recent decline.
In the broader market context, JBM Auto's short-term performance has been notably worse than the benchmark, with a one-week return of -5.33% compared to the Sensex's -0.92%. This stark contrast highlights the stock's struggle to attract investor confidence, as evidenced by the low domestic mutual fund ownership of only 0.24%. While the overall market has seen a slight negative return of -1.79% over the past year, JBM Auto's significant drop of -35.69% indicates a deeper issue affecting its valuation and investor sentiment. The combination of poor financial results, high debt levels, and underperformance relative to both its sector and the broader market has led to a lack of investor interest, further exacerbating the stock's decline.