Why is Kaveri Seed Co. falling/rising?

As of 16-Sep, Kaveri Seed Company Ltd's stock price is rising, currently at 1,198.00, reflecting an increase of 41.85 (3.62%). The stock has been gaining for the last two days, with a total return of 4.08% during this period. It has also performed well over the past week and month, with returns of 4.63% and 8.65%, respectively. The stock is trading above its 5-day, 20-day, 50-day, and 200-day moving averages, indicating a positive trend, although it is below the 100-day moving average. Additionally, the company has demonstrated high management efficiency, with a return on equity (ROE) of 20.89% and a low debt-to-equity ratio, which supports its attractive valuation despite trading at a premium compared to peers.
In the broader market context, Kaveri Seed Company has outperformed the Sensex, which has increased by 1.58% over the past week, while Kaveri Seed's return was significantly higher at 4.63%. The agricultural seeds sector has also seen gains of 3.46%, contributing to the stock's positive momentum. However, there has been a decline in investor participation, as evidenced by a 17.13% drop in delivery volume compared to the 5-day average, which may indicate some caution among retail investors. Despite this, the stock's consistent returns over the last three years and high institutional holdings at 23.22% suggest strong underlying support, which could help sustain its upward trajectory.