Why is Nimbus Projects falling/rising?

As of 03-Jul, Nimbus Projects Ltd is experiencing a price increase, currently at Rs 214.00, reflecting a rise of 13.9 or 6.95%. The stock opened with a significant gain of 8.97% today and reached an intraday high of Rs 218.05. Despite this positive movement, the stock has shown a decline of 4.44% over the past week and 6.96% over the past month. While it has generated an impressive return of 332.32% over the last year, the company is facing challenges such as operating losses and a weak long-term fundamental strength, with net sales declining at an annual rate of -16.12%. Additionally, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -2.19.
In the broader market context, the stock has outperformed its sector by 7.3% today, but it has lagged behind the benchmark Sensex, which has gained 3.10% over the past month. The stock's recent performance is notable given its substantial year-to-date return of 332.32%, contrasting sharply with the benchmark's 6.53% increase. However, the falling investor participation, as evidenced by a 63.99% drop in delivery volume, raises concerns about the stock's liquidity and future performance. Overall, while the stock is currently rising, the underlying financial issues and declining investor interest suggest caution moving forward.