Why is JBM Auto falling/rising?

As of 11-Sep, JBM Auto Ltd's stock price is currently at 627.05, reflecting a decrease of 3.5, or 0.56%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. In terms of performance, JBM Auto has shown a 3.13% increase over the past week and a 5.64% increase over the past month, although it has significantly underperformed year-to-date with a decline of 18.25% and a staggering 35.07% drop over the past year. Despite a healthy long-term growth in net sales and operating profit, the company faces challenges such as a high Debt to EBITDA ratio of 3.86 times, which indicates a low ability to service its debt. Additionally, negative results reported for June, including an 81.1% decline in profit before tax compared to the previous four-quarter average, have further pressured the stock.
In the broader market context, JBM Auto's recent performance contrasts with the benchmark, as the Sensex has only increased by 1.03% over the past week and 1.17% over the past month. The stock's significant underperformance over the last year, with a return of -35.07% compared to the BSE500's -2.29%, suggests that investor sentiment remains cautious. The low stake held by domestic mutual funds, at just 0.24%, may indicate a lack of confidence in the stock's current valuation or business prospects, further contributing to its declining price. Overall, while there are some positive growth indicators, the negative financial results and high debt levels are overshadowing these factors, leading to a downward movement in the stock price.