Why is Nimbus Projects falling/rising?

As of 24-Sep, Nimbus Projects Ltd's stock price is rising, currently at Rs. 288.05, reflecting an increase of 13.7 points or 4.99%. The stock has been on a positive trajectory, gaining 27.57% over the past week and achieving a new 52-week and all-time high today. It has consistently outperformed its sector by 7.41% and has been gaining for the last five days. Additionally, Nimbus Projects has shown impressive long-term performance, with a year-to-date return of 30.75% and a staggering 202.41% increase over the past year. However, there has been a notable decline in investor participation, with delivery volume falling by 97.54% compared to the five-day average, indicating a potential concern for future trading activity.
In the broader market context, while Nimbus Projects has demonstrated significant short-term gains, the benchmark Sensex has experienced a slight decline of 1.18% over the past week. This stark contrast highlights the stock's strong performance relative to the market, particularly as the construction and real estate sector has also seen a downturn of 2.44%. Despite the positive price movement, the falling investor participation could suggest caution among traders, which may impact future price stability. Overall, Nimbus Projects' recent rise can be attributed to its strong performance metrics and market position, even as broader market conditions remain challenging.