Why is Neuland Labs. falling/rising?

As of 01-Oct, Neuland Laboratories Ltd is experiencing a price increase, currently at 15,400.00, reflecting a rise of 778.25 or 5.32%. The stock has shown strong performance today, outperforming its sector by 3.96% and achieving consecutive gains over the last three days, totaling a return of 10.36%. Despite opening lower with a loss of 2.03%, it reached an intraday high of Rs 15,426.3. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has a low Debt to EBITDA ratio of 0.57 times, strong institutional holdings at 33.66%, and has consistently outperformed the BSE500 over the past three years, generating a return of 22.90% in the last year.
In the broader market context, Neuland Laboratories Ltd's short-term return of 2.51% over the past week contrasts sharply with the Sensex, which has declined by 0.90%. This indicates that the stock is gaining traction even as the broader market faces challenges. However, it is important to note that the company has faced negative results in recent quarters, including a significant drop in net sales and profits, which could pose risks to its long-term growth potential. Despite these concerns, the current momentum and investor interest suggest a favorable outlook in the short term.