Why is Kaveri Seed Co. falling/rising?

As of 22-Sep, Kaveri Seed Company Ltd's stock price is currently at 1,151.10, reflecting a decrease of 32.95 points or 2.78%. Today's price summary indicates that the stock has underperformed its sector by 0.32%, reaching an intraday low of Rs 1150.1. Over the past week, the stock has experienced a slight decline of 0.44%, and in the last month, it has fallen by 1.11%. Despite a strong year-to-date performance of 31.57%, the stock's recent movement is influenced by a drop in investor participation, with delivery volume decreasing by 40.19% against the five-day average. While the company maintains high management efficiency and a low debt-to-equity ratio, the stock is trading at a premium compared to its peers, which may contribute to its current price decline.
Broader market context shows that while Kaveri Seed Company has had consistent returns over the last three years, it is currently underperforming relative to the Sensex, which has gained 0.46% in the past week. The Agri-Seeds sector overall has also seen a decline of 2.26%, indicating a challenging environment for stocks in this industry. The stock's performance is further contrasted by its high institutional holdings of 23.22%, suggesting that while institutional investors may have confidence in the company's fundamentals, the recent price drop reflects broader sectoral pressures and reduced trading activity.