Why is JSW Energy falling/rising?

As of 04-Jul, JSW Energy Ltd's stock price is currently at 512.85, reflecting an increase of 2.25 or 0.44%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It has outperformed its sector by 0.36% today, with a delivery volume that has risen by 0.25% compared to the five-day average, indicating increased investor participation. However, the stock's performance over the past week is down by 1.85%, and it has significantly underperformed the market over the past year, with a decline of 29.27% compared to the Sensex's gain of 4.23%. The company's long-term fundamentals are weak, with a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71, which raises concerns about its ability to service debt.
Broader Market Context: In the short term, while JSW Energy has experienced a slight uptick today, its performance over the last week contrasts with the broader market, which has seen a smaller decline of 0.74% in the Sensex. The stock's long-term performance is concerning, as it has generated negative returns of 20.19% year-to-date, while the market has gained 6.77%. This underperformance, coupled with negative financial results and a high valuation relative to its earnings potential, suggests that despite today's rise, the stock faces significant challenges in regaining investor confidence in the long run.