Why is Kaveri Seed Co. falling/rising?

As of 15-Jul, Kaveri Seed Company Ltd's stock price is rising, currently at 1,153.30, with an increase of 28.05 (2.49%). Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. It opened with a gain of 2.11% and reached an intraday high of Rs 1166.85, reflecting a 3.7% increase. Despite a recent 12.65% decline over the past month, the stock has shown strong performance year-to-date with a 31.82% increase. The company benefits from high management efficiency, a low debt-to-equity ratio, and significant institutional holdings at 23.32%, which contribute to its attractive valuation despite a slight profit decline of 5.8% over the past year.
In the broader market context, Kaveri Seed's short-term performance has been less favorable compared to the benchmark, as it has declined by 3.57% over the past week while the Sensex has only fallen by 1.36%. However, the stock has outperformed the market over the past year, generating a return of 18.92% compared to the BSE500's 0.37%. The recent rise in the stock price aligns with a sector-wide gain of 2.25% in Agri-Seeds, indicating that while the stock has faced short-term challenges, its long-term performance remains robust, supported by strong fundamentals and institutional confidence.