Why is Neuland Labs. falling/rising?

As of 16-Jul, Neuland Laboratories Ltd's stock price is currently at 14,399.65, reflecting a decrease of 899.25, or 5.88%. The stock has underperformed its sector by 5.61% today and has experienced a trend reversal after three consecutive days of gains. It touched an intraday low of Rs 14,223.8, marking a decline of 7.03%. Despite this drop, the stock has shown strong performance over the past year, generating a return of 69.64%, and has consistently outperformed the BSE500 over the last three years. However, the company has reported negative results for the last three consecutive quarters, including a significant fall in net sales and profits, which has contributed to the current decline in stock price.
In the broader market context, Neuland Laboratories has outperformed the Sensex over the past week and month, with returns of 20.31% and 12.73%, respectively, while the Sensex has seen declines of 1.08% and gains of only 1.02%. This indicates that while the stock has had strong short-term performance relative to the benchmark, the recent negative results and high valuation concerns are impacting investor sentiment. The company's low debt-to-EBITDA ratio and high institutional holdings suggest some confidence in its long-term potential, but the immediate pressures from declining sales and profitability are leading to the current price drop.