Why is Systematix Corp. falling/rising?

As of 07-Jul, Systematix Corporate Services Ltd is experiencing a decline in its stock price, currently at Rs 113.40, reflecting a decrease of Rs 6.1 or 5.1%. The stock has underperformed its sector by 5.1% today and has fallen after two consecutive days of gains. It opened with a loss of 2.09% and reached an intraday low of Rs 110.1, indicating significant selling pressure. Over the past week, the stock has decreased by 5.81%, and year-to-date, it has seen a substantial decline of 39.46%. The company's net sales and profit after tax have fallen sharply, with net sales down 26.6% and PAT down 79.9% compared to the previous four-quarter average. Despite some positive long-term fundamentals, such as a healthy operating profit growth rate and increased institutional investor participation, the stock's expensive valuation and recent poor financial performance contribute to its downward trend.
In the broader market context, the stock's performance has been notably weaker than the benchmark, with a one-year return of -16.93% compared to the BSE500's positive return of 1.74%. This stark contrast highlights the stock's struggle to attract investor confidence, especially as it has underperformed the market significantly over the past year. While institutional investors have increased their stake, suggesting some level of confidence in the company's long-term potential, the immediate financial metrics and the stock's recent price movements indicate a challenging environment for Systematix Corporate Services Ltd.