Why is Neuland Labs. falling/rising?

As of 10-Oct, Neuland Laboratories Ltd is experiencing a rise in its stock price, currently at Rs 16,276.55, reflecting an increase of Rs 562.65 or 3.58%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in a total increase of 5.15% during this period. It has outperformed its sector by 2.35% today and is trading above all key moving averages, indicating a positive trend. Additionally, the stock has delivered impressive returns over various time frames, including a 30.21% increase over the past year and an extraordinary 918.88% rise over the last three years. The company's low Debt to EBITDA ratio of 0.57 times and high institutional holdings at 33.66% further support its strong fundamentals, contributing to investor confidence.
In the broader market context, Neuland Laboratories Ltd has significantly outperformed the benchmark Sensex, which has only increased by 1.59% over the past week and 1.32% over the past month, while Neuland's returns stand at 7.01% and 10.01%, respectively. This strong relative performance highlights the stock's resilience and attractiveness to investors compared to the overall market. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 54.24% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the liquidity remains sufficient for trading, suggesting that the stock is still accessible for investors.