Why is Kaveri Seed Co. falling/rising?

As of 17-Jul, Kaveri Seed Company Ltd's stock price is currently at 1,139.00, reflecting a decrease of 11.1 points or 0.97%. The stock has been experiencing a downward trend, having fallen consecutively for the last two days, resulting in a total decline of 1.24% during this period. Additionally, the stock's performance over the past week shows a decrease of 2.23%, while its one-month return is significantly lower at -12.34%. Despite these short-term declines, the stock has shown strong performance over the longer term, with a year-to-date increase of 30.19% and a one-year return of 17.60%. However, the company's profits have decreased by 5.8% over the past year, which may be contributing to the current price movement. The stock is trading at a premium compared to its peers, and while it has high management efficiency and institutional holdings, these factors may not be sufficient to counterbalance the recent negative trends.
In the broader market context, Kaveri Seed Company's recent performance has underperformed the benchmark, with its one-week return of -2.23% compared to the Sensex's decline of only 1.12%. The Agri-Seeds sector as a whole has also seen a decline of 2.13%, indicating that the stock's struggles may be reflective of broader sector challenges. Furthermore, the falling investor participation, as evidenced by a 16.14% drop in delivery volume, suggests a lack of confidence among retail investors, which could be impacting the stock's price negatively. Overall, while Kaveri Seed Company has demonstrated strong long-term performance, the recent declines in both stock price and investor engagement highlight the challenges it faces in the current market environment.