Why is Padmanabh Inds. falling/rising?

As of 24-Sep, Padmanabh Industries Ltd is experiencing a rise in its stock price, currently at 10.68, with a change of 0.5, representing a 4.91% increase. The stock has shown impressive performance, gaining 46.3% over the last eight days and outperforming its sector by 5.1% today. Over the past year, it has generated a remarkable return of 97.05%, significantly outperforming the BSE500 index in both the short and long term. However, despite this strong performance, the company faces challenges such as a negative book value and high debt levels, which may raise concerns about its long-term fundamental strength.
In the broader market context, while Padmanabh Industries has outperformed the Sensex with a 26.69% return over the past week compared to the index's decline of 1.18%, the overall market has shown mixed results. The stock's liquidity is adequate, with a delivery volume increase of 58.5% against the five-day average, indicating rising investor participation. However, the company's weak long-term growth prospects, evidenced by stagnant operating profits and a high debt-to-equity ratio, suggest that while the stock is currently rising, it may be trading at risky valuations compared to its historical performance.