Why is Berger Paints falling/rising?

As of 10-Jul, Berger Paints India Ltd is currently priced at 578.40, reflecting a decrease of 6.55, or 1.12%. The stock has outperformed its sector by 0.52% today, and while it is higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average. Over the past week, the stock has seen a decline of 3.52%, although it has delivered a positive return of 1.41% over the past month. Despite a strong long-term fundamental strength indicated by an average Return on Equity (ROE) of 20.51% and a low Debt to Equity ratio, the recent quarterly results have shown a decline in profit before tax and profit after tax, which may contribute to the stock's downward movement.
In the broader market context, the stock's short-term performance has been notably weaker than the benchmark Sensex, which has only declined by 0.06% over the same week. Year-to-date, Berger Paints has outperformed the Sensex, with a return of 28.96% compared to the benchmark's 6.46%. However, the recent flat results in March, with a significant decrease in profit metrics, may have raised concerns among investors, leading to the current price drop. The stock's liquidity remains adequate, with a delivery volume increase of 16.37% against the 5-day average, suggesting ongoing interest despite the recent price decline.