Why is JSW Energy falling/rising?

As of 01-Aug, JSW Energy Ltd's stock price is currently at 513.45, reflecting a decrease of 1.5 points or 0.29%. The stock has been experiencing a consecutive decline over the past two days, with a total drop of 2.39%. Although it opened with a gain of 3.49% today and reached an intraday high of Rs 533.65, the overall performance has been negative, as indicated by a 1-week return of -0.78% and a 1-month return of -2.40%. The company faces challenges such as poor management efficiency, highlighted by a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, which suggests difficulties in servicing its debt. Additionally, the stock has underperformed the market significantly over the past year, with a return of -29.76% compared to the broader market's decline of only -1.55%.
In the broader market context, while the stock has outperformed its sector by 1.24% today, its overall performance remains weak compared to the benchmark, as it has consistently lagged behind the Sensex over various time frames. The stock's liquidity appears adequate, but a notable decline in investor participation, with delivery volume dropping by 40.14% against the 5-day average, raises concerns about sustained interest. Furthermore, despite high institutional holdings at 23.8%, which typically indicates confidence from knowledgeable investors, the company's flat results and high debt levels contribute to a cautious outlook. Overall, the combination of these factors suggests that JSW Energy's stock is facing downward pressure in the current market environment.