Why is JBM Auto falling/rising?

As of 03-Sep, JBM Auto Ltd is experiencing a decline in its stock price, currently at 614.95, which represents a decrease of 3.0 or 0.49%. The stock's performance today is in line with the sector, but it has fallen after two consecutive days of gains. The stock is currently trading higher than its 5-day moving averages but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 28.69% against the 5-day average. Over the past week, the stock has decreased by 0.18%, while its performance over the last month shows a decline of 1.91%. The company has also reported negative financial results, including a substantial drop in profit before tax and profit after tax, which may contribute to the stock's downward movement.
In the broader market context, JBM Auto has underperformed compared to the benchmark, with a one-year return of -35.48% against the Sensex's -2.41%. This stark contrast indicates that while the market has faced challenges, JBM Auto's performance has been significantly worse. The company's high Debt to EBITDA ratio of 3.86 times raises concerns about its ability to service debt, further impacting investor sentiment. Despite healthy long-term growth in net sales and operating profit, the stock's expensive valuation and low domestic mutual fund ownership suggest a lack of confidence among institutional investors. Overall, these factors contribute to the stock's current decline amidst a challenging market environment.