Why is Geojit Fin. Ser. falling/rising?

As of 25-Sep, Geojit Financial Services Ltd is experiencing a decline in its stock price, currently at Rs 78.65, which represents a decrease of 1.7 or 2.12%. The stock has been underperforming, having lost 4.89% over the last two days, and it touched an intraday low of Rs 78.3. In terms of returns, the stock has shown a positive performance over the past week and month, with increases of 2.14% and 6.23%, respectively. However, it has significantly underperformed over the year, with a return of -44.88%, while its profits have decreased by 10.5%. Additionally, the reduction in promoter stake by 2.92% may indicate a lack of confidence in the company's future, further contributing to the stock's downward trend.
In the broader market context, while the Sensex has shown a slight decline of 2.23% over the past week, Geojit Financial Services Ltd's recent performance has been more negative, indicating a relative weakness compared to the benchmark. The stock's liquidity remains adequate, but the falling investor participation, with a delivery volume decrease of 4.23%, suggests waning interest among investors. Overall, despite some long-term fundamental strengths, including a strong return on equity and attractive valuation compared to peers, the recent negative financial results and declining promoter confidence have overshadowed these positives, leading to the stock's current downward movement.