Why is SAL Automotive falling/rising?

As of 29-Jul, SAL Automotive Ltd's stock price is currently at Rs 261.00, reflecting a decrease of Rs 8.0 or 2.97%. The stock has underperformed its sector by 4.45% today, reaching an intraday low of Rs 261. The trading volume indicates that more shares were exchanged near this low price, and the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 48.27% compared to the 5-day average. While the company has shown healthy long-term growth with net sales increasing at an annual rate of 34.61% and operating profit at 43.51%, it faces challenges such as a high Debt to EBITDA ratio of 8.88 times, indicating a low ability to service debt and low profitability per unit of shareholders' funds.
In the broader market context, SAL Automotive's short-term performance has been negative, with a 1-week return of -3.30% compared to a benchmark decline of only -1.03%. Over the past month, the stock has also underperformed the benchmark, with a decline of 3.32% against a slight drop of 3.24% for the Sensex. Despite the company's long-term growth potential and attractive valuation compared to peers, the recent flat results and significant drop in profitability metrics have contributed to the stock's downward movement. The overall market sentiment appears to be weighing heavily on SAL Automotive's stock, leading to its current decline.