Why is Nexome Cap. Mkt. falling/rising?

As of 06-Aug, Nexome Capital Markets Ltd is experiencing a price increase, currently at Rs. 122.65, reflecting a rise of 2.4 or 2.0%. The stock has reached a new 52-week high today and has shown strong performance, gaining 14.2% over the last seven days. It opened with a 2% gain and has maintained this price throughout the trading session. Additionally, the stock has outperformed its sector by 2.26%. Over the past week, it has returned +10.35%, significantly outperforming the Sensex, which has declined by 1.15%. Year-to-date, the stock has increased by 33.14%, while the Sensex has only risen by 3.08%. However, there is a notable decline in investor participation, with delivery volume dropping by 95.64% against the 5-day average, which could indicate a potential concern for future trading activity.
In the broader market context, Nexome Capital Markets Ltd's recent performance stands in stark contrast to the benchmark, as it has consistently outperformed the Sensex across various time frames, including a remarkable 112.12% increase over the past year compared to the Sensex's 2.48%. This strong performance suggests that investor sentiment towards Nexome is positive, despite the falling delivery volumes. The stock's ability to trade above all major moving averages further supports its upward trajectory. Overall, while the stock is currently rising, the significant drop in delivery volume may warrant caution among investors regarding the sustainability of this upward trend.