Why is JSW Energy falling/rising?

As of 22-Sep, JSW Energy Ltd's stock price is currently at 543.55, reflecting a decrease of 1.85, or 0.34%. The stock has recently underperformed its sector by 4.39% and has experienced a trend reversal, falling after two consecutive days of gains. Despite trading above its moving averages across various time frames, the stock's year-to-date performance shows a significant decline of 15.41%, and it has dropped 30.54% over the past year. While the company has demonstrated healthy long-term growth with an annual operating profit increase of 21.51% and high institutional holdings at 23.8%, it faces challenges such as poor management efficiency indicated by a low 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, JSW Energy's short-term return of 2.18% over the past week contrasts with the Sensex's modest gain of 0.46%, indicating some resilience in the stock despite its overall downward trend. However, the stock's performance over the last year has been significantly worse than the benchmark, which saw a decline of only 2.82%. This underperformance, coupled with flat results in the latest quarter and a high debt-equity ratio, suggests that investor sentiment may be cautious, leading to the recent price decline. The overall market for power generation and distribution has gained by 4.05%, yet JSW Energy's struggles with profitability and debt management continue to weigh heavily on its stock performance.