Why is Stellant Secu. falling/rising?

As of 31-Jul, Stellant Securities (India) Ltd is experiencing a price increase, currently at 414.25, reflecting a rise of 8.1 or 1.99%. 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, accumulating a remarkable 51.3% return during this period. Additionally, the stock has significantly outperformed the sector by 2.53%. Over the past year, Stellant has generated an extraordinary return of 1195.75%, although it is noted that its profits have only risen by 93%, indicating a very expensive valuation with a Price to Book Value of 13.8. Despite the impressive performance, there has been a decline in investor participation, with delivery volume falling by 27.41% against the 5-day average.
In the broader market context, Stellant's short-term performance stands in stark contrast to the benchmark, as it has gained 10.39% over the past week while the Sensex has declined by 1.22%. This trend continues over the longer term, with Stellant outperforming the Sensex by a substantial margin across various time frames, including a 54.31% increase over the past month compared to a 3.00% drop in the benchmark. The company's strong market-beating performance, particularly in the long term, suggests robust investor confidence, despite the noted concerns regarding its valuation and profit growth.