Why is Systematix Corp. falling/rising?

As of 17-Sep, Systematix Corporate Services Ltd is experiencing a price increase, with the current price at Rs 123.50, reflecting a rise of 3.85 (3.22%). Today's price summary indicates that the stock has outperformed its sector by 3.28% and has gained after three consecutive days of decline, reaching an intraday high of Rs 123.95. However, the stock's performance over the past month shows a decline of 3.55%, and it has underperformed the market significantly over the year with a return of -26.68%. While the company has strong long-term fundamentals, including an average Return on Equity (ROE) of 15.11% and healthy operating profit growth, it also faces challenges such as a high Price to Book Value ratio and a lack of domestic mutual fund investment, which may indicate investor caution.
In the broader market context, the stock's short-term return of +2.92% over the past week compares favorably to the Sensex's return of +1.56%, suggesting a positive momentum relative to the benchmark. However, the stock's year-to-date performance of -34.06% starkly contrasts with the Sensex's gain of +5.83%, highlighting a significant underperformance over a longer period. This disparity indicates that while there may be short-term gains, the overall sentiment towards the stock remains cautious, influenced by its recent flat quarterly results and the perception of its valuation compared to peers.