Why is Berger Paints falling/rising?

As of 03-Jul, Berger Paints India Ltd is currently priced at 599.50, reflecting an increase of 1.5 (0.25%). The stock has been on a positive trajectory, gaining for the last seven days and achieving an impressive return of 8.61% during this period. Despite today's performance underperforming the sector by 0.28%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, there has been a notable decline in investor participation, with delivery volume falling by 37.54% compared to the 5-day average. The company boasts strong long-term fundamentals, with an average Return on Equity (ROE) of 20.51% and a low Debt to Equity ratio, which supports its market-beating performance, generating a return of 17.41% over the past year, significantly higher than the broader market.
In the broader market context, Berger Paints has outperformed the Sensex in the short term, with a 1-week return of 5.12% compared to the benchmark's decline of 0.62%. While the stock has shown strong performance, it is important to note that its recent quarterly results have shown flat growth, with a decline in profit before tax and profit after tax compared to previous quarters. Additionally, the stock's valuation appears expensive with a Price to Book Value of 11.4, despite trading at a discount to its peers' historical valuations. This combination of strong short-term performance and underlying concerns regarding profitability and valuation may contribute to the stock's current price movement.