Why is Kaveri Seed Co. falling/rising?

As of 29-Aug, Kaveri Seed Company Ltd's stock price is currently at 1,166.75, reflecting an increase of 10.75 or 0.93%. The stock has been gaining for the last two days, with a total return of 1.93% during this period. It reached an intraday high of Rs 1194, which is a 3.29% increase. The stock is performing well against its moving averages, being higher than the 5-day, 20-day, 50-day, and 200-day averages, although it is lower than the 100-day average. Despite a recent decline in delivery volume, which fell by 34.28% against the 5-day average, the company boasts strong fundamentals, including a high return on equity (ROE) of 20.89% and a low debt-to-equity ratio, contributing to its attractive valuation and consistent returns over the past three years.
In the broader market context, Kaveri Seed Company has outperformed the benchmark Sensex in both the short-term and long-term, with a 1-week return of +0.24% compared to the Sensex's -1.84% and a year-to-date return of +33.36% against the Sensex's +2.14%. This strong performance is supported by high institutional holdings at 23.22%, indicating confidence from more sophisticated investors. However, the company faces risks due to poor long-term growth, with net sales growing at an annual rate of only 4.28% over the last five years. Overall, the stock's recent rise can be attributed to its solid financial performance and favorable market positioning despite some concerns regarding long-term growth potential.