Why is Kaveri Seed Co. falling/rising?

As of 28-Jul, Kaveri Seed Company Ltd's stock price is rising, currently at 1,135.45, reflecting an increase of 20.35 or 1.82%. Today's price summary indicates that the stock has outperformed its sector by 3.34% and has shown a trend reversal after two consecutive days of decline, reaching an intraday high of Rs 1137.95. Over the past week, the stock has gained 1.00%, while its performance over the last month shows a decline of 3.21%. Despite a decrease in delivery volume by 21.79% against the 5-day average, the stock maintains a high management efficiency with a return on equity (ROE) of 20.89% and a low debt-to-equity ratio, contributing to its attractive valuation. However, the stock is trading at a premium compared to its peers, and while it has generated a return of 7.25% over the past year, profits have fallen by 5.8%, indicating some underlying challenges.
In the broader market context, Kaveri Seed Company has outperformed the benchmark Sensex, which has declined by 1.59% over the past week. Year-to-date, the stock has increased by 29.78%, significantly surpassing the Sensex's 3.52% gain. The stock's consistent returns over the last three years, along with high institutional holdings at 23.22%, suggest that it has strong backing from investors who are better equipped to analyze its fundamentals. Despite the recent profit decline, the stock's performance relative to the benchmark and its management efficiency indicate a resilient position in the market, contributing to the current upward price movement.