Why is JSW Energy falling/rising?
As of 24-Jul, JSW Energy Ltd's stock price is at 532.15, down 0.29%, and has underperformed the market with a year-to-date return of -17.18%. Despite high institutional holdings, the stock faces challenges due to weak fundamentals and declining investor participation.
As of 24-Jul, JSW Energy Ltd's stock price is currently at 532.15, reflecting a decrease of 1.55, or 0.29%. Today's price summary indicates that the stock has outperformed its sector by 0.79%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. However, there has been a notable decline in investor participation, with delivery volume falling by 55.3% compared to the 5-day average. The company has high institutional holdings at 24.38%, which suggests that these investors may have a better understanding of the company's fundamentals. Despite this, the stock has shown weak long-term fundamental strength, with a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, contributing to its negative performance over the past year.In the broader market context, the stock has underperformed significantly compared to the benchmark, with a year-to-date return of -17.18% against the Sensex's positive return of 5.18%. While the stock has seen a slight increase of 0.12% over the past week, it has still generated negative returns of -21.98% over the last year, contrasting sharply with the market's overall performance. This underperformance, coupled with weak financial results and a high PEG ratio of 7.3, indicates that the stock is facing challenges that are likely contributing to its current price decline.
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