Why is Nexome Cap. Mkt. falling/rising?

As of 07-Jul, Nexome Capital Markets Ltd is experiencing a price increase, currently at 109.95, reflecting a rise of 2.15 (1.99%). The stock has shown strong performance recently, gaining 4.37% over the last two days and outperforming its sector by the same percentage today. It is also close to its 52-week high, just 2.5% away from 112.7. Over various periods, the stock has demonstrated impressive returns, including a 96.90% increase over the past year and a staggering 294.09% over the last five years. However, it faces challenges such as operating losses and declining net sales, which have grown at an annual rate of -2.62%. Despite these negatives, the stock's recent gains can be attributed to its strong performance relative to the market and its ability to outperform benchmarks over both short and long-term periods.
In the broader market context, Nexome Capital Markets Ltd has outperformed the Sensex, with a 1-week return of +8.75% compared to the benchmark's -0.20%. This trend continues in the 1-month and year-to-date comparisons, where the stock has also outperformed the Sensex. However, the company is facing significant long-term challenges, including a decline in profitability and negative results in recent quarters, which may temper investor enthusiasm despite the current price rise. The stock's liquidity remains adequate, but a notable drop in investor participation could indicate potential concerns among traders regarding the company's long-term fundamentals.