Why is CESC falling/rising?

As of 09-Sep, CESC Ltd's stock price is currently at 157.95, reflecting an increase of 2.95 or 1.9%. The stock has been gaining for the last two days, with a total return of 2.8% during this period. Although it has outperformed its sector by 1.64% today, the stock's longer-term performance shows a decline of 16.91% over the past year. Key factors influencing this movement include a relatively attractive valuation with a Return on Capital Employed (ROCE) of 5.7 and a high institutional holding of 36.32%. However, the company faces challenges such as a high Debt to EBITDA ratio of 4.81, indicating low ability to service debt, and a poor long-term growth rate in operating profit of just 1.20% over the last five years.
In the broader market context, CESC's short-term performance of +0.99% over the past week is slightly below the benchmark Sensex, which has risen by 1.18% in the same period. While the stock has shown some resilience in the short term, its year-to-date performance is significantly worse than the Sensex, which has gained 3.79%. This underperformance, combined with the company's financial challenges, suggests that while there may be short-term gains, the overall outlook remains cautious, particularly given the stock's substantial decline over the past year compared to the market.