Why is Nexome Cap. Mkt. falling/rising?

As of 01-Jul, Nexome Capital Markets Ltd is experiencing a price increase, currently at Rs 106.40, reflecting a rise of 5.3 or 5.24%. The stock has shown strong performance recently, gaining 15.34% over the last four days and outperforming its sector by 5.38%. It is also close to its 52-week high, just 4.26% away from Rs 110.93. Over the past year, the stock has generated an impressive return of 98.10%, significantly outperforming the BSE500 index in both the short and long term. However, despite these positive indicators, the company faces challenges such as operating losses and a decline in net sales, which have decreased at an annual rate of -2.62%.
In the broader market context, Nexome's short-term return of 12.96% over the past week stands in stark contrast to the Sensex, which has only increased by 2.00%. This indicates that Nexome is outperforming the broader market significantly. However, the stock's recent gains come amid concerns regarding its long-term fundamentals, as the company has reported negative results for the last two consecutive quarters, with a substantial drop in profits of -39.4%. The combination of strong recent performance and underlying financial weaknesses creates a complex picture for investors, leading to a cautious outlook despite the current price rise.