Why is Geojit Fin. Ser. falling/rising?

As of 08-Jul, Geojit Financial Services Ltd is experiencing a decline in its stock price, currently at 84.67, which reflects a decrease of 0.71 or 0.83%. The stock has been underperforming, with a consecutive fall over the last three days resulting in a total decline of 2.34%. Additionally, the stock's performance over the past week and month shows a decrease of 1.43% and 1.59%, respectively, while year-to-date returns are down by 26.12%. The stock is trading below its 5-day and 200-day moving averages, indicating a bearish trend. Despite having strong long-term fundamentals, such as an average Return on Equity (ROE) of 18.55% and healthy operating profit growth, recent negative quarterly results have raised concerns. The company reported significant declines in profit before tax, profit after tax, and net sales compared to previous quarters, which may have contributed to the stock's downward movement.
In the broader market context, the Sensex has shown a slight increase of 0.02% over the past week, contrasting with Geojit's negative performance. While the stock has historically outperformed the benchmark over longer periods, its recent returns indicate a significant divergence from the market trend. The decline in investor participation, with a 12.4% drop in delivery volume, further suggests a lack of confidence among investors. Additionally, the low stake held by domestic mutual funds, at only 0.35%, may reflect their hesitance regarding the stock's current valuation and business outlook. Overall, the combination of poor recent financial performance and declining investor interest appears to be driving the stock's current downward trajectory.