Why is Systematix Corp. falling/rising?

As of 18-Sep, Systematix Corporate Services Ltd is currently priced at 124.00, reflecting a rise of 0.5 (0.4%). The stock has been gaining for the last two days, with a total return of 3.64% during this period. However, it has underperformed in the longer term, with a year-to-date decline of 33.80% and a one-year return of -27.00%. Despite showing strong long-term fundamental strength, including an average Return on Equity (ROE) of 15.11% and healthy operating profit growth, the stock is facing challenges. The recent flat results in June, with a PAT decline of 8.6%, and a high Price to Book Value of 5.6 suggest that the stock may be overvalued. Additionally, the lack of domestic mutual fund investment indicates a lack of confidence in the stock's current price.
In the broader market context, the stock has significantly underperformed compared to the benchmark Sensex, which has gained 1.80% over the past week and 6.24% year-to-date. While the stock's recent performance aligns with sector trends, the falling investor participation, as evidenced by a 65.12% drop in delivery volume, raises concerns about liquidity and market interest. The stock's performance over the past year, with a return of -27.00% compared to the BSE500's -1.96%, further highlights its struggles in the current market environment.