Why is Kaveri Seed Co. falling/rising?

As of 21-Jul, Kaveri Seed Company Ltd's stock price is rising, currently at 1,124.20, reflecting an increase of 18.8 or 1.7%. The stock has gained after three consecutive days of decline, reaching an intraday high of Rs 1131.95, which is a 2.4% increase. Despite a recent downturn, the stock has shown strong performance over the year with a return of 16.74%, significantly outperforming the broader market's return of 1.63%. The stock's moving averages indicate it is above the 200-day average but below the shorter-term averages, suggesting a potential trend reversal. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 110.86% compared to the five-day average, indicating renewed interest.
In the broader market context, Kaveri Seed's short-term performance has been slightly negative, with a 1-week return of -0.09% compared to the benchmark Sensex's -0.06%. However, the company's high management efficiency, characterized by a return on equity (ROE) of 20.89%, and a low debt-to-equity ratio contribute positively to its valuation, despite a decline in profits over the past year. The stock is trading at a premium relative to its peers, which may reflect investor confidence, especially given the high institutional holdings at 23.32%. This suggests that institutional investors, who typically have more resources to analyze company fundamentals, are optimistic about the company's prospects, further supporting the stock's recent upward movement.