Why is Berger Paints falling/rising?

As of 07-Jul, Berger Paints India Ltd is experiencing a decline in its stock price, currently at Rs 587.55, which reflects a decrease of Rs 8.3 or 1.39%. The stock has underperformed its sector by 1.79% today and has been on a downward trend for the last two days, accumulating a total return loss of 1.99%. Despite a strong long-term fundamental strength indicated by a solid average Return on Equity (ROE) of 20.51% and a low Debt to Equity ratio, the stock's recent performance has been affected by flat quarterly results, with both Profit Before Tax and Profit After Tax showing declines compared to previous averages. Additionally, the stock's performance over the past week has been slightly negative at -0.36%, contrasting with a more favorable one-month return of +0.88%.
In the broader market context, the Sensex has shown a marginal decline of 0.20% over the past week, indicating that the market sentiment is somewhat subdued. However, Berger Paints has significantly outperformed the market over the year, with a return of 14.31% compared to the BSE500's 1.74%. This suggests that while the stock has strong long-term potential, recent investor participation has waned, as evidenced by a significant drop in delivery volume. The stock's liquidity remains adequate for trading, but the current downward movement could be attributed to short-term profit-taking and concerns over recent earnings performance.