Why is Kaveri Seed Co. falling/rising?

As of 23-Jun, Kaveri Seed Company Ltd is experiencing a decline in its stock price, currently at 1,250.75, which reflects a decrease of 1.35 points or 0.11%. The stock has been on a downward trend for the past nine days, resulting in a total drop of 13.4% during this period. Despite outperforming its sector by 0.28% today, the stock's performance over the last week and month shows significant losses of 4.66% and 14.33%, respectively. Although it has a strong year-to-date return of 42.96% and a one-year return of 30.35%, recent profit declines of 5.8% and a high PEG ratio of 9.6 suggest that the stock may be overvalued compared to its earnings growth potential. The company maintains a high management efficiency with a return on equity (ROE) of 20.89% and a low debt-to-equity ratio, which are positive indicators, but these factors have not been sufficient to counteract the recent price declines.
In the broader market context, Kaveri Seed Company's short-term performance has lagged behind the benchmark, with the Sensex showing a slight gain of 0.12% over the past week while the stock itself has fallen significantly. The stock's liquidity remains adequate, with a delivery volume increase of 15.58% against the five-day average, indicating rising investor participation. However, the overall market sentiment appears to be more favorable than that of Kaveri Seed Company, as evidenced by the stock's underperformance relative to the benchmark and its consecutive days of decline. This combination of factors suggests that while the company has strong fundamentals, the recent price movement reflects broader market pressures and investor sentiment that may be weighing down the stock.