Why is Kaveri Seed Co. falling/rising?

As of 26-Aug, Kaveri Seed Company Ltd is currently priced at 1,144.70, reflecting a decrease of 8.2 points or 0.71%. The stock has been experiencing a downward trend, having lost 1.66% over the last two days, with an intraday low of Rs 1120, which represents a decline of 2.85%. Despite this recent drop, the stock has shown positive performance over the past week, gaining 7.19%, and has outperformed the Sensex, which fell by 1.05%. However, the stock's delivery volume has decreased by 26.82% compared to the 5-day average, indicating falling investor participation. While the company boasts high management efficiency and low debt levels, its long-term growth prospects appear limited, with net sales growing at only 4.28% annually over the last five years.
In the broader market context, Kaveri Seed Company has outperformed the benchmark indices over various periods, including a year-to-date return of 30.84% compared to the Sensex's 3.39%. This strong performance over the long term, including a 148.82% return over three years, suggests that the stock has been resilient despite recent fluctuations. However, the current decline may be influenced by the recent drop in investor participation and the stock's movement relative to its moving averages, which indicate a mixed trend. The stock's premium valuation compared to peers, coupled with concerns about its long-term growth potential, may also contribute to the recent price decline.