Why is Neuland Labs. falling/rising?

As of 05-Sep, Neuland Laboratories Ltd is experiencing a decline in its stock price, currently at Rs 14,519.00, reflecting a decrease of Rs 83.0 or 0.57%. The stock has underperformed its sector by 0.5% today and has seen a trend reversal after three consecutive days of gains. Despite touching an intraday high of Rs 15,060.9 earlier in the day, the stock remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, Neuland has shown a return of 7.89%, significantly outperforming the Sensex, which returned only 1.13%. However, the company has faced challenges, including a recent decline in net sales and negative results over the last four quarters, which have contributed to a perception of poor long-term growth.
In the broader market context, while Neuland Laboratories has delivered a 13.21% return over the past month and a remarkable 1,094% over the last three years, it has also faced significant headwinds, including a 10.84% drop in net sales and a 72.2% decrease in profit after tax compared to previous quarters. The stock's high institutional holdings at 33.66% indicate a level of confidence from larger investors, but the company's expensive valuation relative to its peers, coupled with declining profits, raises concerns. Overall, while the stock has shown strong historical performance, the recent negative financial results and market conditions are likely contributing to its current price decline.