Why is Neuland Labs. falling/rising?

As of 02-Sep, Neuland Laboratories Ltd is experiencing a price increase, currently at Rs 13,701.00, reflecting a rise of 282.0 points or 2.1%. The stock opened with a gain of 2.84% today and reached an intraday high of Rs 13,799.8. Over the past week, Neuland has outperformed the benchmark Sensex, with a return of +4.33% compared to the Sensex's -0.78%. Despite a decline in investor participation, as indicated by a 5.2% drop in delivery volume, the stock remains liquid enough for trading. The company's strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.57 times, and high institutional holdings at 33.66% contribute positively to investor confidence. However, the company has faced challenges with negative results over the last four quarters, including a significant drop in net sales and profits.
In the broader market context, Neuland's recent performance stands in stark contrast to the Sensex, which has seen a decline of 0.55% over the past month. While Neuland has generated a return of +5.05% in the last month and +10.01% over the past year, its long-term growth prospects are hindered by poor sales growth and declining profits. The stock is trading at a premium compared to its peers, which may raise concerns among investors about its valuation. Overall, while the recent price movement is positive, the underlying financial challenges could impact future performance.