Why is JSW Energy falling/rising?

As of 01-Jul, JSW Energy Ltd's stock price is currently at 526.10, reflecting an increase of 4.7 (0.9%). The stock has outperformed its sector today by 1.09%, and over the past week, it has risen by 4.71%, while the Sensex has only increased by 2.00%. However, despite this short-term gain, the stock has shown a significant decline of 29.87% over the past year, indicating a troubling long-term trend. The company has high institutional holdings at 24.38%, which suggests that these investors are closely monitoring the company's fundamentals, yet the stock's weak long-term performance, characterized by a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71, raises concerns about its sustainability.
In the broader market context, while the stock has performed better than the benchmark in the short term, it has underperformed significantly over the last year, with the BSE500 generating a return of 3.20% compared to JSW Energy's -29.87%. This stark contrast highlights the stock's struggles despite recent gains. The company's negative financial results, including a substantial drop in profit before tax and a low ROCE, contribute to a perception of weakness, which may deter investors despite the current price increase. Overall, while there are short-term positive movements, the long-term outlook remains challenging for JSW Energy.