Why is Akzo Nobel falling/rising?

As of 02-Sep, Akzo Nobel India Ltd is experiencing a decline in its stock price, currently at 3,415.00, which reflects a decrease of 4.25 points or 0.12%. The stock has underperformed in the short term, with a 1-week return of -0.46% and a 1-month return of -6.11%, while the benchmark Sensex has also shown a slight decline of -0.78% and -0.55% respectively during the same periods. Today's performance indicates that the stock has outperformed its sector by 0.81%, but it is trading below all its moving averages, suggesting a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 53.1% compared to the 5-day average. Despite these challenges, the company boasts a high dividend yield of 7.67% and strong management efficiency, reflected in a high return on equity (ROE) of 25.77%.
In the broader market context, Akzo Nobel's recent performance contrasts with the benchmark's slight declines, indicating that while the stock is facing downward pressure, it is not alone in this trend. The stock's year-to-date performance shows a decline of 4.25%, while the Sensex has gained 2.58%, highlighting a divergence in performance. The stock is trading at a premium compared to its peers, which may contribute to its volatility. Although the company has a low debt-to-equity ratio and an attractive valuation, the recent profit decline of 5.9% over the past year may be weighing on investor sentiment, leading to the current price movement.