Why is JSW Energy falling/rising?

As of 17-Jul, JSW Energy Ltd is currently priced at 531.50, reflecting a decrease of 0.25 (-0.05%). The stock has shown mixed performance, with a slight increase of 0.17% over the past week and a more significant rise of 5.73% over the past month. However, it has underperformed in the long term, with a year-to-date decline of 17.28% and a one-year drop of 24.90%. Today's performance indicates that the stock outperformed its sector by 0.34%, but there is a concerning trend of falling investor participation, as evidenced by a 26.93% decrease in delivery volume compared to the five-day average. The stock's high institutional holdings at 24.38% suggest that these investors may have a better understanding of the company's fundamentals, which could influence market sentiment.
In the broader market context, while the Sensex has declined by 1.12% over the past week, JSW Energy's short-term return is relatively positive, indicating some resilience. However, the stock has significantly underperformed the market over the past year, where the BSE500 generated a return of 0.26%. The company's weak long-term fundamentals, highlighted by a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, contribute to its negative outlook. Additionally, the stock's valuation appears expensive relative to its peers, despite trading at a discount compared to historical averages. These factors collectively suggest that while there may be short-term gains, the overall sentiment remains cautious due to the company's fundamental weaknesses.