Why is Geojit Fin. Ser. falling/rising?

Jul 04 2025 09:57 PM IST
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As of 04-Jul, Geojit Financial Services Ltd is priced at 85.98, down 0.83%, and has underperformed its sector today. Despite strong long-term fundamentals, recent negative quarterly results and a significant year-to-date decline of 24.97% indicate waning investor confidence.
As of 04-Jul, Geojit Financial Services Ltd is currently priced at 85.98, reflecting a decrease of 0.72, or 0.83%. The stock has underperformed its sector by 0.96% today, despite being higher than its 5-day, 20-day, 50-day, and 100-day moving averages, but lower than its 200-day moving average. The stock's performance over the past week shows a decline of 0.59%, while it has gained 1.14% over the past month. However, year-to-date, the stock has significantly underperformed with a drop of 24.97%. The company has strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 18.55% and a healthy operating profit growth rate of 27.08%. Despite this, recent negative quarterly results, including a 33.4% drop in profit after tax and a 9.3% decline in net sales compared to previous quarters, have contributed to the stock's downward movement.

In the broader market context, Geojit Financial Services Ltd's recent performance contrasts with the benchmark Sensex, which has increased by 3.01% over the past month. This indicates that while the stock has struggled, the overall market has been more favorable. The stock's liquidity remains adequate for trading, but a notable decline in investor participation, with a 15.89% drop in delivery volume, suggests waning interest among investors. Furthermore, the limited stake held by domestic mutual funds, at only 0.35%, may reflect a lack of confidence in the stock's current valuation or business prospects, further impacting its price negatively.
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