Why is Akzo Nobel falling/rising?

As of 04-Jul, Akzo Nobel India Ltd's stock price is currently at 3,426.75, reflecting an increase of 13.7, or 0.4%. The stock has outperformed its sector today by 0.7%, although it has experienced a decline in investor participation, with delivery volume falling by 50.71% compared to the 5-day average. In terms of returns, the stock has shown a 1-week gain of 0.64% while the Sensex has decreased by 0.74%. Over the past year, Akzo Nobel has generated a return of 19.21%, significantly outperforming the broader market's return of 2.13%. The company boasts high management efficiency with a return on equity (ROE) of 25.77% and a low debt-to-equity ratio, but it is trading at a premium compared to its peers, which may affect investor sentiment.
In the broader market context, while Akzo Nobel's short-term performance has been positive, the overall market has seen mixed results, with the Sensex showing a slight decline. The stock's year-to-date performance is down by 3.92%, contrasting with the Sensex's gain of 6.77%. Despite the company's strong one-year performance, concerns about poor long-term growth, as indicated by modest increases in net sales and operating profit over the last five years, may weigh on investor confidence. Additionally, the flat results reported in March and the low cash reserves could contribute to a cautious outlook among investors, impacting the stock's price movement.