Why is Systematix Corp. falling/rising?

As of 12-Sep, Systematix Corporate Services Ltd is experiencing a decline in its stock price, currently at 124.00, reflecting a decrease of 0.95 or 0.76%. The stock has underperformed its sector today by 1.96%, and while it is trading higher than its 5-day, 50-day, and 100-day moving averages, it remains below its 20-day and 200-day moving averages. Over the past week, the stock has shown a slight increase of 0.04%, but it has significantly underperformed over the longer term, with a year-to-date decline of 33.80% and a one-year return of -19.48%. 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 and a significant valuation concern with a Price to Book Value of 5.6 may be contributing to the stock's downward pressure.
In the broader market context, the stock's performance has been notably weaker compared to the benchmark, with the Sensex gaining 1.48% over the past week and 4.82% year-to-date, while Systematix has faced substantial declines. The stock's poor performance relative to the market, coupled with a lack of domestic mutual fund investment, suggests a lack of confidence among institutional investors. The company's recent quarterly results, showing a decline in profit after tax, further exacerbate concerns about its valuation and future growth prospects, leading to a negative sentiment around the stock.