Why is NB Footwear falling/rising?

As of 11-Jul, NB Footwear Ltd. has seen its stock price rise to 12.75, reflecting an increase of 0.59 or 4.85%. The stock has been on a positive trajectory, gaining for the last four consecutive days and achieving a remarkable return of 18.94% over the past week. Despite this short-term success, the company faces challenges, including a negative book value and weak long-term fundamentals, which may contribute to investor caution. Additionally, while the stock has outperformed its sector by 3.32% today, there has been a notable decline in delivery volume, which fell by 32.52% against the five-day average, indicating reduced investor participation.
In the broader market context, NB Footwear's recent performance stands in stark contrast to the Sensex, which has seen a decline of 1.12% over the past week. The stock's impressive one-year return of 90.30% significantly outpaces the market's average return of 3.26%, suggesting that while the stock is currently rising, it is also trading at a risky valuation compared to its historical performance. The high debt levels and flat financial results further complicate the outlook, indicating that despite the recent gains, the stock may face headwinds in sustaining its upward momentum in the long term.