Why is Jindal Worldwide falling/rising?

As of 01-Jul, Jindal Worldwide Ltd is currently priced at 54.82, reflecting an increase of 0.68 or 1.26%. Despite this positive movement today, the stock has shown a significant decline over the past week and month, with returns of -2.30% and -9.98%, respectively. The stock is trading close to its 52-week low, just 3.65% above the low of Rs 52.82. While the stock has outperformed its sector by 1.9% today, it is trading below all key moving averages, indicating a bearish trend. The company has a relatively attractive valuation with a return on capital employed (ROCE) of 12.5 and a low enterprise value to capital employed ratio, but it also faces challenges such as a high debt to EBITDA ratio of 2.81 times and poor long-term growth metrics, including a -19.64% annual decline in operating profit over the last five years.
In the broader market context, Jindal Worldwide's recent performance contrasts sharply with the benchmark Sensex, which has gained 2.00% over the past week and 2.76% over the past month. The stock's year-to-date return of -30.90% also underlines its underperformance compared to the Sensex's positive return of 7.11%. The low participation from domestic mutual funds, holding only 0.1% of the company, may indicate a lack of confidence in the stock's future performance, further contributing to its downward pressure. Overall, while there is a slight uptick in price today, the underlying fundamentals and market sentiment suggest a challenging environment for Jindal Worldwide Ltd.