Why is Padam Cotton falling/rising?

As of 08-Jul, Padam Cotton Yarns Ltd's stock price is currently at 5.44, reflecting an increase of 0.1 or 1.87%. The stock has shown strong performance recently, gaining 36% over the last 11 consecutive days. In terms of returns, it has outperformed the sector by 2.56% today and has recorded impressive gains of 13.33% over the past week and 34.39% over the past month. Additionally, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 290.10% and operating profit rising by 80.00%. Despite these positive indicators, there is a notable decline in investor participation, with delivery volume dropping by 42.18% compared to the 5-day average.
In the broader market context, Padam Cotton's recent short-term performance significantly outpaces the benchmark, with a 1-week return of 13.33% compared to the Sensex's minimal increase of 0.02%. Over the past year, the stock has generated a remarkable return of 332.78%, far exceeding the market's return of 1.98%. However, the stock's high valuation, indicated by a Price to Book Value of 6.9 and a very high ROE of 135.1, raises concerns about its sustainability. While the company has reported positive results for the last three consecutive quarters, the stock's expensive valuation could pose risks for future performance.