Why is Akzo Nobel falling/rising?

As of 28-Aug, Akzo Nobel India Ltd's stock price is currently at 3,466.00, reflecting an increase of 35.1, or 1.02%. The stock has shown mixed performance recently, with a 1-week return of +2.09%, outperforming the Sensex, which has declined by 2.34%. However, over the past month, the stock has decreased by 7.72%, while the Sensex fell by only 1.00%. Today's performance indicates that the stock has outperformed its sector by 0.54%. Despite this positive movement, the stock is trading below its longer-term moving averages, and there has been a notable decline in investor participation, with delivery volume down by 7.8% compared to the 5-day average. The company boasts a high dividend yield of 7.65%, which may attract income-focused investors, but it has also experienced a profit decline of 5.9% over the past year.
In the broader market context, while Akzo Nobel's short-term performance has been positive relative to the Sensex, the stock has underperformed over the longer term, with a year-to-date return of -2.82% compared to the Sensex's gain of 2.48%. The stock's high management efficiency, indicated by a return on equity (ROE) of 25.77%, and a low debt-to-equity ratio are positive factors that support its valuation despite trading at a premium compared to peers. However, the overall decline in profits and the mixed performance against benchmarks suggest that while there are attractive elements, the stock faces challenges that may limit its upward momentum in the near term.