Why is JSW Energy falling/rising?

As of 25-Aug, JSW Energy Ltd's stock price is currently at 521.00, reflecting an increase of 4.0 (0.77%). The stock has shown a trend reversal by gaining after three consecutive days of decline, outperforming its sector by 0.58%. However, it has underperformed the benchmark Sensex over the past week, with a return of -2.39% compared to the Sensex's +0.45%. The stock's performance over the last year has been notably poor, with a decline of -25.94%, despite a healthy long-term growth rate in operating profit of 21.51%. The company has high institutional holdings at 23.8%, indicating confidence from larger investors, but it also faces challenges such as low management efficiency, evidenced by a low Return on Capital Employed (ROCE) of 7.34% and a high Debt to EBITDA ratio of 4.71 times, which may hinder its profitability and debt servicing ability.
In the broader market context, while the Sensex has shown a slight positive return of +0.45% over the past week, JSW Energy's recent performance has been negative, highlighting a divergence from the overall market trend. The stock's liquidity remains adequate for trading, but a decline in delivery volume by 6.92% against the five-day average suggests falling investor participation. Despite the stock trading at a discount compared to its peers, the significant underperformance over the past year, coupled with flat results in June and a high debt-equity ratio, raises concerns about its future prospects, contributing to the stock's volatility and recent upward movement amidst a challenging backdrop.