Why is JBM Auto falling/rising?

As of 21-Aug, JBM Auto Ltd's stock price is currently at 632.95, reflecting a decrease of 9.85 points or 1.53%. The stock has underperformed its sector by 1.19% today and has experienced a trend reversal after seven consecutive days of gains. Although the stock has shown a positive return of 4.04% over the past week, it has declined by 1.72% over the last month and has a year-to-date drop of 17.48%. The company's financial health is concerning, with a high Debt to EBITDA ratio of 3.86 times, and recent negative quarterly results showing a significant drop in profit after tax. Despite a healthy long-term growth in net sales and operating profit, the stock's valuation appears expensive, as indicated by its PEG ratio of 5.7, which may deter investors.
Broader market context indicates that while the Sensex has gained 1.74% over the past week, JBM Auto's performance has lagged behind, highlighting its struggles in the market. The stock's one-year return of -34.05% starkly contrasts with the broader market's decline of only 1.56%, suggesting a lack of investor confidence. Additionally, the low participation from domestic mutual funds, holding only 0.24% of the company, may reflect a broader skepticism about the stock's valuation and future prospects. Overall, the combination of poor recent performance, high debt levels, and underwhelming investor interest contributes to the stock's current downward trajectory.