Why is Nimbus Projects falling/rising?

As of 06-Oct, Nimbus Projects Ltd is experiencing a price increase, with its current price at 280.00, reflecting a change of 2.4 (0.86%) upward. The stock has shown strong performance recently, gaining 6.38% over the last five days and outperforming its sector by 0.41%. Despite opening with a loss of -2.92% today, it reached an intraday high of Rs 285.95, indicating volatility within the trading session. Over the past week, the stock has increased by 5.46%, and over the last month, it has risen by an impressive 27.91%. However, there has been a notable decline in investor participation, with delivery volume dropping by -72.91% compared to the five-day average, which may impact future price movements.
In the broader market context, Nimbus Projects Ltd has significantly outperformed the Sensex, which has only increased by 1.77% over the past week. The stock's year-to-date return of 27.10% also surpasses the Sensex's 4.67%, highlighting its strong performance relative to the benchmark. The stock has consistently traded above its moving averages, indicating a bullish trend. However, the falling investor participation could pose a risk to sustaining this upward momentum, as liquidity remains adequate for trading. Overall, while the stock is currently rising, the decrease in delivery volume suggests caution moving forward.