Why is Nexome Cap. Mkt. falling/rising?

As of 14-Jul, Nexome Capital Markets Ltd is experiencing a decline in its stock price, currently at 111.95, which reflects a decrease of 2.25 or 1.97%. The stock has underperformed its sector today by 2.05% and has seen a consecutive fall over the last two days, resulting in a total drop of 3.91%. Despite a strong long-term performance with a 121.60% return over the past year, the company is facing significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a negative growth rate in net sales and profits. The stock is also trading at a premium compared to its peers, which may contribute to investor caution.
In the broader market context, Nexome's recent performance contrasts with the Sensex, which has declined by 1.42% over the past week while Nexome has gained 1.82%. However, the stock's recent underperformance and falling investor participation, as evidenced by a dramatic drop in delivery volume, suggest a lack of confidence among investors despite its historical outperformance. The combination of negative financial results and a high valuation relative to its peers may be leading to the current downward pressure on the stock price.