Why is Nimbus Projects falling/rising?

As of 11-Aug, Nimbus Projects Ltd is experiencing a decline in its stock price, currently at Rs 211.85, which reflects a decrease of Rs 2.45 or 1.14%. Today, the stock opened with a gain of 4.99% and reached an intraday high of Rs 225, but it subsequently fell, marking a trend reversal after four consecutive days of gains. The stock has traded within a wide range of Rs 21.4, with more volume occurring closer to the low price of Rs 203.6. Over the past week, Nimbus Projects has shown a remarkable return of +19.59%, significantly outperforming the Sensex, which has declined by 0.51%. However, over the last month, the stock has decreased by 4.98%, while the Sensex has fallen by 2.30%. The stock's performance year-to-date is down by 3.84%, contrasting with the Sensex's increase of 3.15%.
In the broader market context, Nimbus Projects' recent performance indicates a strong short-term return compared to the benchmark, as evidenced by its 1-week return. Despite this, the stock's longer-term performance shows a decline year-to-date, which may be contributing to investor caution. The rising investor participation, with a notable increase in delivery volume, suggests a level of interest in the stock, but the current price movement indicates a struggle to maintain upward momentum. The absence of specific positive or negative factors in the dashboard limits a deeper analysis of the influences on the stock's recent movements. Overall, while the stock has shown impressive long-term growth, its recent decline reflects a complex interplay of short-term volatility and broader market conditions.