Why is Nexome Cap. Mkt. falling/rising?

As of 02-Jul, Nexome Capital Markets Ltd is experiencing a price increase, currently at Rs 107.90, which reflects a rise of 1.5 (1.41%). The stock has shown strong performance recently, gaining 16.96% over the past week and 19.89% over the last month. It is also close to its 52-week high, just 2.81% away from Rs 110.93. The stock has been on a consecutive gain streak for the last five days, outperforming its sector by 2.64%. However, despite these positive movements, the company faces challenges, including operating losses and declining net sales, which have grown at an annual rate of -2.62%. The stock's valuation appears expensive relative to its peers, and while it has generated significant returns over the past year, its profits have decreased by -39.4%.
In the broader market context, Nexome Capital Markets Ltd has outperformed the Sensex, which has only risen by 0.79% over the past week, while Nexome's return in the same period stands at 16.96%. This significant outperformance highlights investor confidence in the stock despite its underlying financial difficulties. The stock's liquidity remains adequate for trading, and there has been a notable increase in investor participation, with delivery volume rising by 16.97% against the five-day average. Overall, while the stock is currently rising, it is essential to consider the negative factors that could impact its long-term performance.