Why is JBM Auto falling/rising?

As of 12-Aug, JBM Auto Ltd's stock price is currently at Rs 602.65, reflecting an increase of Rs 8.25 or 1.39%. The stock has shown a positive performance today, outperforming its sector by 1.67% and achieving a consecutive gain over the last two days with a total return of 1.54%. However, it is important to note that JBM Auto is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Additionally, the stock has underperformed in the past week and month, with returns of -3.81% and -6.13%, respectively. 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 significant challenges, including a high Debt to EBITDA ratio of 3.86 times and disappointing quarterly results, which have contributed to its negative performance over the past year.
In the broader market context, JBM Auto's recent performance contrasts sharply with the benchmark, as the Sensex has only declined by 0.59% over the past week and 2.75% over the past month, while JBM Auto has seen much steeper declines. The stock's year-to-date performance is particularly concerning, with a drop of 21.43% compared to a modest gain of 2.68% for the benchmark. This underperformance, coupled with a low stake held by domestic mutual funds at only 0.24%, suggests a lack of confidence in the stock's valuation and future prospects. Overall, while there are some positive indicators regarding growth, the significant debt burden and recent negative financial results are likely contributing to the stock's volatility and recent price movements.