Why is Padam Cotton falling/rising?

As of 07-Jul, Padam Cotton Yarns Ltd is experiencing a price increase, currently at 5.34, reflecting a change of 0.1 or 1.91% upward. The stock has shown strong performance recently, gaining 33.5% over the last 10 days and outperforming its sector by 1.46% today. Over the past week, the stock has risen by 16.59%, while its one-month return stands at 31.92%. Despite a year-to-date decline of 50%, the stock has delivered an impressive 324.82% return over the past year, significantly outpacing the market's 4.31% return. The company has reported positive results for the last three consecutive quarters, with substantial growth in net sales and operating profit, contributing to the stock's upward momentum.
In the broader market context, while Padam Cotton Yarns Ltd has shown remarkable short-term returns, the benchmark index, Sensex, has seen a slight decline of 0.20% over the past week. This contrast highlights the stock's strong performance relative to the market. However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 22.93% against the five-day average. Additionally, the stock's high valuation, indicated by a Price to Book Value of 6.7 and a very high ROE of 135.1, raises concerns about its sustainability in the long term, despite its current positive trajectory.