Why is Le Travenues falling/rising?

As of 22-Jul, Le Travenues Technology Ltd's stock price is currently at Rs 224.05, reflecting an increase of Rs 2.85 or 1.29%. The stock has recently hit a new 52-week high of Rs 231.1, marking a significant rise of 27.23% over the past week and 30.03% over the past month. Despite this upward trend, it has underperformed its sector by 3.41% today. The company has shown strong financial performance, with net sales growing at an annual rate of 53.20% and operating profit at 58.38%. Additionally, the stock has maintained positive results for the last four consecutive quarters, which has contributed to its rising price. However, there are concerns regarding its high valuation, as indicated by a Price to Book Value of 13.8, despite a return on equity of 8.9.
Broader market context shows that while Le Travenues has outperformed the benchmark index, Sensex, with a return of 30.11% over the past year compared to the market's 2.09%, it has faced a decline in investor participation, with delivery volume falling by 20.33% against the 5-day average. The travel services sector, in which Le Travenues operates, has gained by 4.7%, indicating a favorable environment for the industry. However, the stock's recent performance, despite being strong, suggests a potential cooling off as it has not kept pace with the sector's gains today.