Why is JBM Auto falling/rising?

As of 04-Sep, JBM Auto Ltd's stock price is currently at 608.00, reflecting a decrease of 6.95 (-1.13%). The stock has underperformed its sector by 0.37% today and has experienced a consecutive decline over the last two days, resulting in a total drop of 1.61% during this period. The stock reached an intraday high of Rs 634.4 but is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 22.36% compared to the 5-day average. The company has reported negative financial results, including a substantial decline in profit before tax and profit after tax, alongside a high Debt to EBITDA ratio, which raises concerns about its ability to service debt.
In the broader market context, JBM Auto's short-term performance shows a 1-week return of +0.75%, which is slightly lower than the Sensex's return of +0.80%. However, over the longer term, the stock has significantly underperformed, with a year-to-date decline of 20.73% compared to the Sensex's gain of 3.30%. This stark contrast highlights the stock's struggles in a generally improving market. Despite the company's healthy long-term growth in net sales and operating profit, the negative sentiment surrounding its financial health and low domestic mutual fund participation suggests a lack of confidence among investors, contributing to the stock's recent decline.