Why is Genesys Intl. falling/rising?

As of 28-Jul, Genesys International Corporation Ltd is experiencing a decline in its stock price, currently at Rs 583.00, which represents a decrease of Rs 24.45 or 4.03%. The stock has been underperforming, having fallen consecutively for the last three days with a total decline of 6.01%. In terms of returns, the stock has decreased by 6.72% over the past week and 9.35% over the past month, while it has significantly underperformed the benchmark Sensex, which has only declined by 1.59% and 3.77% respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. Despite having positive financial indicators such as a low debt-to-equity ratio and consistent profit growth over the last six quarters, the company's low return on equity (ROE) of 9.58% and falling participation from institutional investors have raised concerns about its profitability and management efficiency.
In the broader market context, the stock's recent performance contrasts sharply with the Sensex, which has shown resilience compared to Genesys International's substantial decline. While the benchmark has gained 3.52% year-to-date, Genesys has plummeted by 36.35% in the same period. This stark difference highlights the stock's struggles not only in the short term but also in the long term, as it has underperformed the BSE500 over various time frames. The decline in institutional investor participation, which has decreased by 2.44% in the last quarter, further suggests a lack of confidence in the stock's future performance, contributing to its downward trajectory.