Why is Geojit Fin. Ser. falling/rising?

As of 26-Jun, Geojit Financial Services Ltd is experiencing a decline in its stock price, currently at 85.25, reflecting a decrease of 0.98 or 1.14%. Today's price summary indicates that the stock has underperformed its sector by 1.98% and has reversed its trend after four consecutive days of gains. Although the stock has shown a strong long-term fundamental strength with an average Return on Equity (ROE) of 18.55% and healthy growth in operating profit, recent negative quarterly results, including a significant drop in PAT and net sales, have contributed to the stock's downward movement. Furthermore, the low stake held by domestic mutual funds may suggest a lack of confidence in the stock's current valuation.
In the broader market context, Geojit Financial Services has underperformed the benchmark, with a one-year return of -8.68% compared to the BSE 500's positive return of 4.11%. Despite a strong performance over the past three and five years, the recent quarterly results have overshadowed these gains, leading to a negative sentiment among investors. The stock's short-term performance of +8.50% over the past week contrasts with its overall year-to-date decline of -25.61%, indicating volatility and uncertainty in the stock's future trajectory.