Why is Akzo Nobel falling/rising?

As of 08-Aug, Akzo Nobel India Ltd is experiencing a price increase, currently at 3,653.40, reflecting a rise of 29.4 points or 0.81%. The stock has outperformed its sector today by 1.49%, with a notable increase in delivery volume, which rose by 24.3% compared to the 5-day average. Over the past week, the stock has shown a modest gain of 0.45%, while it has delivered a return of 10.71% over the last year, significantly outperforming the BSE500 index in both the short and long term. However, it is important to note that the stock has faced challenges, including a decline in profits by 5.9% over the past year, despite maintaining a high return on equity (ROE) of 25.77% and a low debt-to-equity ratio.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has declined by 0.92% over the past week and 4.60% over the past month. While Akzo Nobel has shown resilience with a year-to-date return of 2.44%, the overall market sentiment appears weaker. The company's fair valuation and premium trading compared to peers may attract investors, but concerns regarding long-term growth, highlighted by a slower annual sales growth rate of 12.97% over the last five years and negative results in the latest quarter, could temper enthusiasm. Thus, while the stock is currently rising, underlying factors suggest a cautious outlook moving forward.