Why is JSW Energy falling/rising?

As of 23-Jul, JSW Energy Ltd's stock price is currently at 533.70, reflecting an increase of 2.55 or 0.48%. The stock has shown a positive performance today, trading in a narrow range of Rs 4.8 and is performing inline with its sector. It has higher trading prices than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below its 200-day moving average. Notably, there has been a rise in investor participation, with delivery volume increasing by 1.99% against the 5-day average. However, despite a 6.76% increase over the past month, the stock has underperformed significantly on a year-to-date basis, with a decline of 16.94% compared to the Sensex's gain of 5.87%. The company's high institutional holdings at 24.38% suggest a level of confidence among these investors, but the stock's weak long-term fundamentals, including a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71, raise concerns about its growth potential.
In the broader market context, while JSW Energy has shown a modest gain of 0.37% over the past week, the Sensex has only increased by 0.11%, indicating that the stock is performing slightly better than the benchmark in the short term. However, the stock's long-term performance has been disappointing, with a 1-year return of -23.34% compared to the Sensex's gain of 2.86%. This underperformance is compounded by negative financial results reported in March, including a significant drop in profit before tax and a low ROCE. Overall, while there are some positive indicators in the short term, the stock's long-term outlook remains weak, contributing to its mixed performance in the market.