Why is Akzo Nobel falling/rising?

As of 24-Jul, Akzo Nobel India Ltd is experiencing a price increase, currently at 3,888.00, reflecting a rise of 127.95 or 3.4%. The stock has shown strong performance today, outperforming its sector by 3.84% and reaching an intraday high of Rs 3909.25. Over the past week, the stock has increased by 7.65%, and it has also demonstrated impressive returns over longer periods, including a 37.55% gain over the past year. Despite a decline in delivery volume by 28% compared to the 5-day average, the stock remains liquid enough for trading. The company benefits from high management efficiency, a low debt-to-equity ratio, and a fair valuation, which collectively support its positive price movement.
In the broader market context, while the Sensex has remained relatively flat with a change of -0.09% over the past week, Akzo Nobel's performance stands out significantly, indicating strong investor confidence. The stock's year-to-date return of 9.02% also surpasses the Sensex's 5.18%, showcasing its resilience and attractiveness to investors. The company's ability to generate substantial returns over the long term, coupled with its recent outperformance against the benchmark, further solidifies its position in the market.