Why is Systematix Corp. falling/rising?

As of 30-Jul, Systematix Corporate Services Ltd is experiencing a decline in its stock price, currently at Rs 138.00, which reflects a decrease of Rs 2.0 or 1.43%. Today's price summary indicates that the stock opened with a gain of 2.07% but has since underperformed its sector by 1.53%. The stock reached an intraday high of Rs 145.5 but also touched a low of Rs 136.05, with more trading volume occurring near the lower price. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 15.11% and healthy operating profit growth, the recent flat results reported for June, including an 8.6% decline in PAT, coupled with a high Price to Book Value ratio, suggest that the stock may be perceived as overvalued. Additionally, the lack of domestic mutual fund investment may indicate a lack of confidence in the stock's current valuation.
In the broader market context, the stock has shown a strong performance over the past week and month, with returns of 19.17% and 14.62%, respectively, while the Sensex has declined by 1.50% and 2.54% in the same periods. However, year-to-date, Systematix has underperformed significantly, with a decline of 26.32% compared to the Sensex's gain of 4.28%. This disparity highlights the stock's volatility and potential concerns among investors regarding its valuation and recent performance, despite its historical growth over longer periods.