Why is Asian Paints falling/rising?

As of 19-Sep, Asian Paints Ltd. is currently priced at 2,484.75, reflecting an increase of 6.45 (0.26%). The stock has shown mixed performance in recent periods, with a 1-week decline of 2.34% and a 1-month drop of 3.75%, while it has gained 8.88% year-to-date. Today's price performance indicates that it has outperformed its sector by 0.37%. However, there is a notable decline in investor participation, as the delivery volume has decreased by 29.09% compared to the 5-day average. Despite these fluctuations, the company maintains strong long-term fundamentals, with an average Return on Equity (ROE) of 24.35% and a healthy annual sales growth rate of 13.44%. Additionally, high institutional holdings at 32.89% suggest confidence in the company's prospects, as these investors have increased their stake by 5.08% over the previous quarter.
In the broader market context, Asian Paints has underperformed compared to the Sensex, which has gained 0.88% over the past week while the stock has declined. The stock's performance over the past year shows a significant drop of 24.72%, contrasting sharply with the Sensex's minor decline of 0.67%. The company's market capitalization of Rs 2,37,857 crore positions it as the largest in its sector, constituting 68.85% of the industry, which may provide some resilience. However, the recent drop in delivery volume and the stock's performance relative to the benchmark indicate challenges that could be affecting investor sentiment.