Why is Akzo Nobel falling/rising?

As of 30-Jul, Akzo Nobel India Ltd is experiencing a price increase, currently at 3,808.00, reflecting a rise of 48.2 points or 1.28%. The stock has shown strong performance recently, gaining 1.55% over the last three days and outperforming its sector by 0.67% today. It has also outperformed the benchmark Sensex over various periods, including a 28.92% return over the past year, while the Sensex has only seen a 0.03% increase. The stock is trading above all its moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume dropping by 65.97% compared to the five-day average.
In the broader market context, Akzo Nobel's short-term performance is significantly better than the Sensex, which has declined by 1.50% over the past week. This indicates that while the overall market may be facing challenges, Akzo Nobel is maintaining a strong upward trajectory. The company's high management efficiency, reflected in a return on equity (ROE) of 25.77%, and a low debt-to-equity ratio contribute positively to its valuation, despite trading at a premium compared to peers. The stock's ability to generate consistent returns and outperform the market in both the short and long term suggests a robust position, even as its profit growth has been modest at 0.7% over the past year.