Why is Nimbus Projects falling/rising?

As of 01-Jul, Nimbus Projects Ltd is currently priced at 213.95, reflecting an increase of 1.2 (0.56%). The stock has shown a trend reversal by gaining after four consecutive days of decline, although it touched an intraday low of Rs 202.15 earlier in the day. Despite this positive movement, the stock has underperformed in the short term, with a 1-week decline of 6.16% and a 1-month decline of 9.09%. The company has generated a remarkable return of 332.48% over the past year, significantly outperforming the market, but it faces challenges such as operating losses and weak long-term fundamentals, which may contribute to investor caution.
In the broader market context, while Nimbus Projects has outperformed its sector by 0.67% today, it has lagged behind the benchmark Sensex, which has gained 2.00% over the past week. This disparity highlights the stock's volatility and the impact of its recent poor financial performance, including a negative PAT and declining sales. The falling investor participation, evidenced by a 93.46% drop in delivery volume, suggests that market sentiment may be shifting negatively despite the stock's impressive long-term returns. Overall, the combination of short-term declines and weak financial indicators contributes to a complex outlook for Nimbus Projects Ltd.