Why is Nimbus Projects falling/rising?

As of 28-Jul, Nimbus Projects Ltd is experiencing a decline in its stock price, currently at Rs 189.65, which reflects a decrease of Rs 10.3 or 5.15%. The stock has been underperforming, having fallen consecutively for the last four days, resulting in a total decline of 9.47% during this period. Despite opening with a gain of 4% today and reaching an intraday high of Rs 207.95, it ultimately closed at its day's low. The stock has also shown negative returns over the past week and month, with declines of 4.70% and 15.30%, respectively. Furthermore, the company's long-term fundamentals appear weak, with significant operating losses and a poor ability to service its debt, which has contributed to the stock's recent downturn.
In the broader market context, Nimbus Projects has underperformed compared to the benchmark Sensex, which has only declined by 1.59% over the past week. The construction and real estate sector, in which Nimbus operates, has also seen a decline of 3.36%. While the stock has generated impressive returns of 264.78% over the past year, this is overshadowed by its recent poor performance and negative earnings reports, including a drastic fall in profit after tax. The overall market sentiment appears to be cautious, particularly given the company's weak financial indicators and falling investor participation, which further exacerbates the stock's decline.