Why is Systematix Corp. falling/rising?

As of 11-Aug, Systematix Corporate Services Ltd's stock price is currently at 127.75, reflecting an increase of 6.35 or 5.23%. Today's price summary indicates that the stock has outperformed its sector by 4.54% and has shown a trend reversal after two consecutive days of decline. It opened with a gain of 2.97% and reached an intraday high of Rs 129.65, which is a 6.8% increase. Despite these positive movements, the stock has experienced a significant decline year-to-date of 31.79%, although it has shown strong performance over the last three years with a return of 296.12%. The company has strong long-term fundamentals, with an average Return on Equity (ROE) of 15.11% and healthy growth in operating profit at an annual rate of 72.92%. However, the recent flat results in June, with a PAT decline of 8.6%, and a high valuation indicated by a Price to Book Value of 5.8, may be contributing to investor caution.
In the broader market context, the stock's short-term return of +4.58% over the past week contrasts sharply with the Sensex, which has declined by 0.51%. This suggests that Systematix is gaining traction despite a generally unfavorable market environment. However, the stock's year-to-date performance remains concerning compared to the Sensex's positive return of 3.15%. The lack of domestic mutual fund investment, holding only 0% of the company, may indicate a lack of confidence among institutional investors, which could be impacting the stock's overall perception in the market.