Why is Kaveri Seed Co. falling/rising?

As of 09-Jul, Kaveri Seed Company Ltd is experiencing a decline in its stock price, currently at Rs 1,172.60, which reflects a decrease of Rs 23.4 or 1.96%. Today's price summary indicates that the stock touched an intraday low of Rs 1,170.05, and the weighted average price suggests that more volume was traded closer to this low price. Although the stock has outperformed its sector by 0.7%, it has seen a significant drop of 17.31% over the past month, despite a year-to-date increase of 34.03%. The company maintains a high management efficiency with a return on equity (ROE) of 20.89% and a low debt-to-equity ratio, but its profits have fallen by 5.8% over the past year, contributing to a high price-to-earnings growth (PEG) ratio of 9, which may deter some investors.
In the broader market context, Kaveri Seed's recent performance contrasts with the Sensex, which has increased by 1.32% over the past month. While the stock has generated an 18.18% return over the last year, significantly outperforming the market's 1.43% return, the recent downturn in the agri-seeds sector, which has fallen by 2.66%, may be influencing investor sentiment negatively. Additionally, despite high institutional holdings at 23.32%, which typically indicate confidence in the stock, the overall market conditions and the stock's recent underperformance in the short term could be leading to the current decline in price.