Why is Kaveri Seed Co. falling/rising?

As of 17-Sep, Kaveri Seed Company Ltd's stock price is currently at 1,202.80, reflecting an increase of 4.8 points or 0.4%. The stock has been on an upward trend, gaining 4.5% over the last three days, and has outperformed the benchmark Sensex with a 1-week return of 3.26% compared to the Sensex's 1.56%. Key indicators such as a high delivery volume, which rose by 119.64% against the 5-day average, and the stock trading above its short-term moving averages suggest strong investor interest. Additionally, the company boasts a high return on equity (ROE) of 20.89%, a low debt-to-equity ratio, and impressive financial metrics, including record net sales and PBDIT, which contribute to its attractive valuation despite trading at a premium compared to peers.
In the broader market context, Kaveri Seed Company has shown consistent returns over the past three years, significantly outperforming the BSE500 index. The stock's year-to-date return of 37.48% far exceeds the Sensex's 5.83%, indicating robust performance relative to the market. High institutional holdings at 23.22% further bolster confidence in the stock, as these investors typically possess greater analytical resources. Overall, the combination of strong financial performance, rising investor participation, and favorable comparisons to the benchmark supports the stock's recent upward movement.