Why is Nimbus Projects falling/rising?

As of 19-Sep, Nimbus Projects Ltd is experiencing a price increase, with its current price at Rs 248.90, reflecting a rise of Rs 11.85 or 5.0%. The stock has shown strong performance, gaining 10.23% over the last two days and outperforming its sector by 4.7% today. It opened with a 5% gain and has maintained this price throughout the trading session. Over the past year, the stock has generated impressive returns of 202.47%, significantly outperforming the BSE500 index in both the short and long term. However, despite this positive price movement, the company faces challenges, including operating losses and weak long-term fundamentals, with net sales declining at an annual rate of -2.08% and a concerning EBIT to interest ratio of -2.78.
In the broader market context, Nimbus Projects has outperformed the Sensex, which has only increased by 0.88% over the past week, while Nimbus has risen by 12.09%. This indicates a strong relative performance in the short term. However, the stock's liquidity is a concern, as delivery volume has fallen significantly, suggesting a decrease in investor participation. The company's financial health is also under scrutiny due to negative EBITDA and substantial losses reported in recent quarters, which could pose risks to its future performance despite the current price rise.