Why is JSW Energy falling/rising?

As of 24-Sep, JSW Energy Ltd's stock price is currently at 535.05, reflecting a decrease of 9.0 points or 1.65%. The stock has shown mixed performance recently, with a slight decline of 0.11% over the past week, but a positive return of 3.49% over the last month. Despite outperforming its sector by 0.58% today, the broader power generation and distribution sector has fallen by 2.2%. The company has a high institutional holding of 23.8%, which indicates confidence from larger investors, but it also faces challenges such as poor 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. These factors contribute to a perception of low profitability and high debt servicing risk, which may be weighing on investor sentiment.
In the broader market context, the stock's performance has been notably worse than the benchmark, with a year-to-date decline of 16.73% compared to the Sensex's gain of 4.58%. Over the past year, JSW Energy has underperformed significantly, with a return of -32.22% against the market's -3.77%. This stark contrast highlights the challenges the company faces, particularly in terms of management efficiency and debt levels, which may deter potential investors despite some positive indicators such as rising investor participation and healthy long-term growth in operating profit.