Why is Genesys Intl. falling/rising?

As of 21-Aug, Genesys International Corporation Ltd is experiencing a decline in its stock price, currently at Rs 596.10, which represents a decrease of Rs 7.9 or 1.31%. Today's performance indicates that the stock has underperformed its sector by 1.44%, and it has fallen after two consecutive days of gains. The stock touched an intraday low of Rs 588.05, reflecting a drop of 2.64%. Over the past week, the stock has shown a slight increase of 1.64%, but it has underperformed over the past month with a decline of 4.62%. The company's low return on equity of 9.58% and falling profitability metrics, such as a 49.3% drop in profit after tax compared to the previous quarter average, contribute to the negative sentiment surrounding the stock. Additionally, a decrease in institutional investor participation by 2.44% further indicates a lack of confidence in the company's prospects.
In the broader market context, the stock's short-term performance of +1.64% over the past week is slightly below the benchmark Sensex, which has risen by 1.74% in the same period. However, the stock has significantly underperformed the Sensex on a year-to-date basis, with a decline of 34.92% compared to the benchmark's gain of 4.94%. This stark contrast highlights the challenges faced by Genesys International, particularly in terms of management efficiency and profitability, which have led to a negative outlook among investors. Overall, the combination of poor financial performance, declining institutional interest, and underperformance relative to the market contributes to the stock's current downward trend.