Why is Kaveri Seed Co. falling/rising?

As of 26-Sep, Kaveri Seed Company Ltd is experiencing a decline in its stock price, currently at 1,052.70, which reflects a decrease of 37.75 or 3.46%. The stock has underperformed its sector by 0.28% today and has been on a downward trend for the last two days, resulting in a total decline of 7.77% during this period. It has also touched an intraday low of Rs 1,049.25. In terms of longer-term performance, the stock has seen a significant drop of 11.09% over the past week and 8.04% over the past month, although it has shown a positive year-to-date return of 20.32%. Despite its recent struggles, the company maintains a high management efficiency with a return on equity (ROE) of 20.89% and a low debt-to-equity ratio, indicating solid fundamentals.
In the broader market context, the Sensex has declined by 2.66% over the past week and only 0.45% over the past month, suggesting that Kaveri Seed's short-term performance is notably worse than the benchmark. The agricultural seeds sector has also faced a decline of 3.29%, contributing to the stock's downward movement. However, the stock has high institutional holdings at 23.22%, which may provide some stability and confidence among investors. Despite the recent price drop, the company has shown consistent returns over the last three years, outperforming the BSE500 in each of the last three annual periods, which could indicate potential for recovery in the future.