Why is Neuland Labs. falling/rising?

As of 10-Sep, Neuland Laboratories Ltd is experiencing a price increase, currently at 14,796.15, reflecting a rise of 416.05 or 2.89%. The stock has shown a positive trend today, outperforming its sector by 2.51% and reversing a three-day decline. It reached an intraday high of Rs 14,855, which is a 3.3% increase. Over the past week, the stock has gained 2.03%, and it has outperformed the benchmark Sensex significantly over various periods, including a 12.86% increase over the last month and an impressive 1131.32% over the past three years. However, the company has faced challenges, including a decline in net sales and negative results in recent quarters, which may impact investor sentiment despite its strong ability to service debt and high institutional holdings.
In the broader market context, Neuland Laboratories Ltd's recent performance is notably stronger than the Sensex, which has only increased by 1.06% over the past week. While the stock has shown resilience and consistent returns over the last three years, the negative sales growth and declining profits present a mixed outlook. The stock's premium valuation compared to peers may also raise concerns among investors, particularly in light of its recent financial performance. Despite these challenges, the stock's liquidity remains adequate, and its strong institutional backing suggests a level of confidence in its long-term potential.