Why is Nexome Cap. Mkt. falling/rising?

As of 17-Oct, Nexome Capital Markets Ltd is experiencing a decline in its stock price, currently at Rs 120.65, which reflects a decrease of Rs 11.65 or 8.81%. The stock has underperformed its sector today by 8.77%, reaching an intraday low of Rs 115, which is a drop of 13.08%. The stock has shown high volatility with an intraday volatility of 7% and has traded in a wide range of Rs 17.3. Over the past month, the stock has decreased by 19.57%, although it has had a strong year-to-date performance with a gain of 30.97%. The rising investor participation, indicated by a 133.65% increase in delivery volume on 16 October compared to the 5-day average, suggests some interest despite the current decline.
Broader market context indicates that while Nexome's short-term performance has been negative, the benchmark Sensex has increased by 1.76% over the past week. This contrasts sharply with Nexome's recent performance, which has seen a significant drop. The stock's year-to-date and one-year returns remain strong at 30.97% and 43.41%, respectively, indicating that despite the recent downturn, the stock has performed well over a longer horizon. However, the current underperformance relative to the benchmark and sector may be contributing to the negative sentiment surrounding the stock.