Why is Geojit Fin. Ser. falling/rising?

As of 03-Jul, Geojit Financial Services Ltd is experiencing a price increase, currently at 86.70, reflecting a rise of 1.33 or 1.56%. The stock has shown a trend reversal, gaining after three consecutive days of decline. It has outperformed its sector by 2.08% today. In terms of returns, the stock has increased by 1.70% over the past week, while it has a year-to-date decline of 24.35%. Despite this, the company demonstrates strong long-term fundamentals with an average Return on Equity (ROE) of 18.55% and a healthy operating profit growth rate of 27.08%. However, recent negative quarterly results, including a significant drop in profit after tax and net sales, may be contributing to cautious investor sentiment.
In the broader market context, Geojit Financial Services Ltd's short-term performance has outpaced the Sensex, which has declined by 0.62% over the past week. The stock is trading at a discount compared to its peers, which may attract investors looking for value. However, the falling investor participation, with a notable decrease in delivery volume, indicates some hesitance among traders. Additionally, the low stake held by domestic mutual funds could suggest a lack of confidence in the stock's current valuation or business outlook. Overall, while the stock is rising today, the mixed signals from its recent performance and investor sentiment present a complex picture.