Why is Neuland Labs. falling/rising?

As of 21-Jul, Neuland Laboratories Ltd is experiencing a slight increase in its stock price, currently at 14,179.65, reflecting a change of 19.65 or 0.14% upward. The stock has shown mixed performance in recent periods, with a 1-week decline of 2.89% while gaining 15.33% over the past month. Despite outperforming its sector by 0.46% today, the stock's delivery volume has significantly decreased by 82.59% compared to the 5-day average, indicating falling investor participation. The company has demonstrated strong returns over the last three years, with a remarkable 971.90% increase, but it has also faced challenges, including a 17.5% decline in net sales and negative results over the last three consecutive quarters.
In the broader market context, Neuland Laboratories Ltd's recent short-term performance contrasts with the Sensex, which has seen a minimal decline of 0.06% over the past week. While the stock has outperformed the benchmark in longer time frames, its current valuation appears expensive, with a Price to Book Value of 11.9, and a return on equity of 13.1. The high institutional holdings at 33.66% suggest that knowledgeable investors are backing the stock, but the recent negative financial results may weigh heavily on its future performance. Overall, while the stock has shown resilience in the long term, the recent financial struggles and declining sales could be contributing factors to its fluctuating price movements.