Why is Nexome Cap. Mkt. falling/rising?

As of 29-Sep, Nexome Capital Markets Ltd is experiencing a price increase, currently at Rs 138.50, reflecting a rise of Rs 12.05 or 9.53%. The stock has shown a positive trend today, outperforming its sector by 8.86% and reversing a two-day decline. It reached an intraday high of Rs 151, marking a significant increase of 19.41%. Despite high volatility with an intraday fluctuation of 8.87%, the stock has traded within a wide range of Rs 24.6. However, there has been a notable decline in investor participation, with delivery volume dropping by 79.45% compared to the five-day average, indicating a potential concern for sustained momentum. The stock's performance over various periods has been strong, with a year-to-date increase of 50.35% and a three-year return of 211.24%, significantly outperforming the benchmark Sensex.
In the broader market context, Nexome's short-term performance has been favorable compared to the Sensex, which has declined by 2.18% over the past week while Nexome has gained 0.98%. This contrast highlights the stock's resilience amid a challenging market environment. Over the past month, Nexome has also outperformed the Sensex, which has only increased by 0.70%. The stock's strong year-to-date and one-year returns further emphasize its robust performance relative to the broader market, which has seen a decline of 6.08% over the past year. Overall, while the stock is currently rising, the drop in investor participation may warrant close monitoring for future movements.