Why is Worth Investment falling/rising?

As of 10-Jun, Worth Investment & Trading Company Ltd is experiencing a price increase, currently at Rs. 31.82, reflecting a rise of 1.51 (4.98%). The stock has reached a new 52-week high today and has shown strong performance over the last five days, gaining 18.07%. Despite opening with a loss of 4.65%, it managed to touch an intraday high of Rs. 31.82. The stock is technically in a bullish range, supported by positive indicators such as MACD and Bollinger Bands. However, it faces challenges with weak long-term fundamental strength, as indicated by an average Return on Equity (ROE) of 6.76% and a high Price to Book Value ratio of 33, suggesting it may be overvalued compared to peers.
In the broader market context, Worth Investment has significantly outperformed the benchmark Sensex, with a 1-week return of 18.07% compared to the Sensex's 2.05%. This trend of outperformance is consistent over the past month and year, where the stock has achieved returns of 35.23% and 138.89%, respectively, while the Sensex has only returned 3.70% and 7.72%. Despite these impressive short-term gains, the falling investor participation, as evidenced by a 17.05% drop in delivery volume, raises concerns about the sustainability of this upward momentum.