Why is JSW Energy falling/rising?

As of 22-Aug, JSW Energy Ltd's stock price is currently at 517.00, reflecting a decrease of 4.2 points or 0.81%. The stock has been experiencing a downward trend, having fallen for the last three consecutive days, resulting in a total decline of 3.16% during this period. In terms of performance against benchmarks, the stock has underperformed significantly over the past year, with a return of -27.56% compared to the Sensex's modest gain of 0.31%. While the company shows healthy long-term growth with an annual operating profit increase of 21.51% and high institutional holdings at 23.8%, it also faces challenges such as poor management efficiency indicated by a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, which negatively impacts its profitability and ability to service debt.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark, as it has declined by 2.27% over the past week while the Sensex has gained 0.88%. This underperformance is compounded by the company's flat results reported in June and a high valuation relative to its earnings growth, with a PEG ratio of 3.7. Despite an increase in investor participation, as evidenced by a 44.39% rise in delivery volume, the overall sentiment remains cautious due to the company's financial inefficiencies and the significant drop in stock value over the past year, which has led to a lack of confidence among investors.