Why is Neuland Labs. falling/rising?

As of 04-Nov, Neuland Laboratories Ltd is experiencing a price increase, currently at Rs 17,632.90, with a change of Rs 482.0, representing a rise of 2.81%. The stock has shown strong performance, gaining 14.69% over the last four days and is currently trading close to its 52-week high, just 2.59% away from Rs 18,089.55. Additionally, it has outperformed its sector by 3.28% today. Neuland Labs has consistently delivered impressive returns, with a 28.01% increase year-to-date and an extraordinary 1,080.92% rise over the past three years. The company benefits from a low Debt to EBITDA ratio of 0.57 times, indicating a strong ability to service debt, and has seen a 0.89% increase in institutional holdings, which reflects confidence from more resourceful investors.
Broader Market Context: In contrast to the broader market, represented by the Sensex, which has declined by 1.38% over the past week, Neuland Laboratories has risen by 12.02% in the same period. This significant outperformance highlights the stock's strength relative to the market. The stock's liquidity is also favorable, with a delivery volume increase of 52.92% against the five-day average, suggesting rising investor participation. Overall, the combination of strong returns, institutional confidence, and positive trading patterns contributes to the upward momentum of Neuland Laboratories Ltd's stock price.