Why is Geojit Fin. Ser. falling/rising?

As of 12-Aug, Geojit Financial Services Ltd is currently priced at 72.18, reflecting an increase of 0.51 (0.71%). The stock has shown a trend reversal by gaining after two consecutive days of decline, outperforming its sector by 1.62%. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past week, the stock has decreased by 0.76%, and its performance over the last month has been significantly negative, with a decline of 11.98%. The company's fundamentals are strong, with an average Return on Equity (ROE) of 17.60% and a favorable valuation at a 1.7 Price to Book Value. However, negative results in the latest quarter, including a 33.9% drop in PAT and the lowest net sales recorded, alongside a decrease in promoter stake by 2.92%, have contributed to investor concerns.
In the broader market context, Geojit Financial Services has underperformed compared to the benchmark Sensex, which has seen a decline of only 0.59% over the past week. The stock's year-to-date performance is particularly concerning, with a drop of 37.02% compared to the Sensex's gain of 2.68%. This stark contrast highlights the challenges faced by Geojit Financial Services in the current market environment, as it has significantly lagged behind both the sector and the broader market over the past year, where it has returned -22.36% against the BSE500's -2.11%.