Why is JSW Energy falling/rising?

As of 02-Jul, JSW Energy Ltd's stock price is currently at Rs 518.10, reflecting a decrease of Rs 8.0 or 1.52%. Today's performance indicates that the stock has underperformed its sector by 1.25%, with an intraday low of Rs 513.45, which is a decline of 2.4%. Over the past week, the stock has shown a modest increase of 2.07%, but it has significantly underperformed over the year, with a return of -29.05% compared to the benchmark Sensex, which has gained 5.00%. The company is experiencing a decline in investor participation, as evidenced by a 32.38% drop in delivery volume against the 5-day average. Additionally, the stock's long-term fundamentals appear weak, with a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, which raises concerns about its ability to service debt.
Broader market context shows that while the stock has performed positively in the short term, it has lagged behind the broader market, which has seen a return of 6.75% year-to-date. The stock's performance over the last year has been particularly poor, with a significant negative return of -29.05%, contrasting sharply with the market's positive trajectory. Despite high institutional holdings at 24.38%, which typically indicates a level of confidence in the company's fundamentals, the weak long-term growth prospects and recent negative financial results, including a substantial drop in profit before tax, suggest that investors are cautious. This combination of factors contributes to the stock's current downward movement.