Why is JSW Energy falling/rising?

As of 05-Aug, JSW Energy Ltd is currently priced at 537.65, reflecting a slight decline of 0.35, or 0.07%. The stock's performance today is in line with the sector, 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. Notably, there has been a significant increase in investor participation, with delivery volume rising by 112.2% compared to the 5-day average. Over the past week, the stock has gained 2.44%, and over the past month, it has increased by 4.84%. However, the stock has underperformed over the year, with a decline of 21.43%. Factors contributing to this mixed performance include healthy long-term growth in operating profit, which has increased at an annual rate of 21.51%, and high institutional holdings at 23.8%. Conversely, the company faces challenges such as poor management efficiency indicated by a low ROCE of 7.34%, a high Debt to EBITDA ratio of 4.71 times, and flat results in June, which have raised concerns about its profitability and ability to service debt.
In the broader market context, while the stock has shown positive short-term returns, it has significantly underperformed the benchmark, with the BSE500 generating a return of 0.50% over the past year compared to JSW Energy's negative return of 21.43%. This underperformance highlights the stock's struggles relative to the market, despite its recent gains. The company's financial metrics, including a high debt-equity ratio and a very expensive valuation based on its ROCE, suggest that investors may be cautious about its long-term prospects. Overall, while there are some positive indicators, the stock's recent decline reflects ongoing concerns about its financial health and market position.