Why is JBM Auto falling/rising?

As of 19-Aug, JBM Auto Ltd's stock price is currently at 641.25, reflecting an increase of 16.75 or 2.68%. The stock has been on an upward trend, gaining for the last six consecutive days with a total return of 8.05% during this period. It reached an intraday high of Rs 647.45 today. While the stock is performing well in the short term, it has underperformed over the longer term, with a year-to-date decline of 16.40% and a one-year drop of 33.62%. The company has shown healthy long-term growth with net sales increasing at an annual rate of 29.12% and operating profit at 39.91%. However, it faces challenges such as a high Debt to EBITDA ratio of 3.86 times, indicating a low ability to service debt, and negative quarterly results that have raised concerns among investors.
In the broader market context, JBM Auto's recent performance has outpaced the benchmark Sensex, which has only gained 1.76% over the past week. Despite this short-term outperformance, the stock's long-term trajectory remains concerning, as it has significantly underperformed the market over the past year, with a return of -33.62% compared to the Sensex's gain of 1.52%. The stock's low domestic mutual fund ownership, at just 0.24%, may suggest a lack of confidence from institutional investors, further complicating its market position. Overall, while the stock is currently rising, the underlying financial challenges and historical performance indicate a cautious outlook.