Why is JBM Auto falling/rising?

As of 30-Sep, JBM Auto Ltd's stock price is currently at 671.55, reflecting a decrease of 7.55 points, or 1.11%. The stock has been on a downward trend, having fallen consecutively for the last six days, resulting in a total decline of 9.48% during this period. In terms of performance relative to benchmarks, the stock has underperformed the sector by 0.49% today and has a one-week return of -9.02%, significantly worse than the Sensex's decline of 2.23%. Additionally, the company faces challenges with a high Debt to EBITDA ratio of 3.86, indicating a low ability to service debt, and has reported negative results in its latest financials, including a substantial drop in profit before tax and profit after tax compared to previous quarters. Despite a healthy long-term growth in net sales and operating profit, the stock's recent performance has been adversely affected by these negative factors.
Broader market context shows that JBM Auto has underperformed the market over the past year, with a return of -25.36% compared to the BSE500's decline of only -6.58%. This stark contrast highlights the stock's struggles relative to broader market trends. The company's liquidity appears adequate for trading, but a significant drop in delivery volume suggests waning investor interest. Furthermore, domestic mutual funds hold only a minimal stake in the company, which may indicate a lack of confidence in its current valuation or business prospects. Overall, the combination of poor recent financial performance, high debt levels, and underwhelming market sentiment contributes to the stock's ongoing decline.