Why is Syschem (India) falling/rising?

As of 22-Aug, Syschem (India) Ltd is experiencing a price increase, currently at Rs. 55.79, which reflects a rise of 3.55 or 6.8%. The stock has recently hit a new 52-week high of Rs. 57.9 and has shown strong performance, gaining 21.41% over the last two days. It has outperformed its sector by 6.11% today and has been trading above its moving averages across various time frames. The company has demonstrated robust growth, with net sales increasing at an annual rate of 37.96% and a remarkable net profit growth of 1092.86%. However, it also faces challenges, such as a low return on equity of 5.12% and a high price-to-book value ratio, indicating potential concerns about management efficiency and valuation.
In the broader market context, Syschem (India) has significantly outperformed the benchmark Sensex, with a 19.85% return over the past week compared to the Sensex's 0.88%. This trend of strong performance is consistent over the past month and year, where Syschem has shown positive returns while the Sensex has declined. The stock's high volatility and increased investor participation, with a delivery volume rising by 366.78% against the five-day average, suggest a growing interest among investors, further supporting its upward price movement.