Why is Geojit Fin. Ser. falling/rising?

As of 14-Nov, Geojit Financial Services Ltd is experiencing a price increase, currently at 75.95, reflecting a rise of 4.0 or 5.56%. The stock has shown a strong performance today, outperforming its sector by 4.8% and achieving a consecutive gain over the last three days with a total return of 7.58%. Despite this positive short-term movement, the stock has underperformed over the past month with a decline of 4.57% and a significant year-to-date drop of 33.73%. The company has strong long-term fundamental strength with an average Return on Equity (ROE) of 17.31%, but it has faced challenges, including a 37.7% drop in profits over the past year and negative results for the last three consecutive quarters, which may be contributing to investor caution.
Broader market context indicates that while the stock has gained in the short term, it has significantly underperformed compared to the broader market, which has generated returns of 8.00% over the past year. The Sensex has also outperformed the stock with a 9.00% return over the same period. Additionally, there has been a decline in institutional investor participation, which may further impact the stock's performance as these investors typically have more resources to analyze company fundamentals. Overall, while the recent price increase may reflect short-term trading dynamics, the longer-term outlook remains challenged by declining sales and profitability.