Why is RRP Defense falling/rising?

As of 20-Oct, RRP Defense Ltd's stock price is rising, currently at Rs 776.45, reflecting an increase of 15.2 points or 2.0%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, yielding a remarkable 51.43% return during this period. Additionally, the stock has significantly outperformed the sector by 2.14% today. Over the past year, RRP Defense has generated an astonishing return of 4309.14%, although it faces challenges such as operating losses and a weak ability to service its debt, which may affect long-term investor confidence. The recent decrease in promoter stake by 1.1% could also indicate reduced confidence in the company's future.
In the broader market context, RRP Defense's short-term performance has been exceptional, with a 10.39% return over the past week, significantly outpacing the Sensex, which only gained 2.47% in the same timeframe. This trend of strong performance is consistent with its long-term returns, where it has outperformed the BSE500 over various periods, including 3 years and 1 year. Despite these impressive returns, the stock's high valuation metrics, such as a Price to Book Value of 74.9, suggest that it is trading at a premium compared to its peers, which could raise concerns among investors about sustainability in the face of operational challenges.