Why is Kaveri Seed Co. falling/rising?

As of 04-Sep, Kaveri Seed Company Ltd's stock price is currently at 1,186.40, reflecting a slight increase of 1.2 (0.1%). The stock has been on an upward trend, gaining for the last two days with a total return of 0.62% during this period. It opened today with a notable gain of 2.89%, reaching an intraday high of Rs 1219.45. Despite this positive movement, there has been a decline in investor participation, with delivery volume falling by 30.07% compared to the five-day average. The company exhibits strong fundamentals, including a high return on equity (ROE) of 20.89% and low debt levels, which contribute to its attractive valuation. However, the long-term growth prospects are tempered by modest net sales growth of 4.28% annually over the past five years.
In the broader market context, Kaveri Seed Company has outperformed the benchmark Sensex, with a one-week return of 2.63% compared to the Sensex's 0.80%. Over the past month, the stock has risen by 8.54%, while the Sensex has experienced a slight decline of 0.37%. This consistent outperformance over various periods, including a year-to-date return of 35.60% against the Sensex's 3.30%, indicates strong investor confidence. The high institutional holdings at 23.22% further support the stock's stability, as these investors typically conduct thorough analyses of company fundamentals. Overall, while the stock is currently rising, concerns about long-term growth may influence future performance.