Why is JSW Energy falling/rising?

As of 25-Jul, JSW Energy Ltd is experiencing a decline in its stock price, currently at Rs 517.50, which reflects a decrease of Rs 14.65 or 2.75%. The stock has been underperforming, having fallen consecutively for the last two days with a total decline of 3.04%. In terms of returns, the stock has decreased by 2.54% over the past week and 19.46% year-to-date, significantly underperforming the benchmark Sensex, which has gained 4.25% year-to-date. The company has high institutional holdings at 23.8%, but it faces challenges with 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 times. Recent negative financial results, including a substantial drop in profit before tax and a low ROCE, further contribute to the stock's downward pressure.
Broader market context indicates that the power generation and distribution sector has also declined by 2.38%, reflecting a broader trend that may be impacting JSW Energy's performance. While the stock has shown some positive movement over longer periods, such as a 125.59% increase over three years, its recent performance has been poor compared to the market, with a one-year return of -22.57% against the BSE500's -0.19%. This stark contrast highlights the stock's struggles in the current market environment, leading to investor caution and contributing to its recent price decline.