Why is Berger Paints falling/rising?

As of 19-Nov, Berger Paints India Ltd is experiencing a decline in its stock price, currently at Rs 583.55, which reflects a decrease of Rs 3.15 or 0.54%. The stock has shown a strong performance over the past week and month, with returns of 4.28% and 7.19%, respectively, and a year-to-date return of 30.11%. Despite this positive trend, today's performance indicates it has underperformed its sector by 0.27%. The stock is trading above its moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 9.05% compared to the five-day average. However, it is important to note that while the stock has generated a return of 22.61% over the past year, its profits have fallen by 3.4%, which may contribute to the current price decline.
In the broader market context, Berger Paints has outperformed the benchmark Sensex in the short term, with a one-week return of 4.28% compared to the Sensex's 0.85%. This indicates that while the stock has been performing well relative to the market, recent profit declines may be causing some investor caution. The company maintains strong long-term fundamentals, with a healthy return on equity and a low debt-to-EBITDA ratio, suggesting it is well-positioned for future growth. However, the stock's current price movement may reflect a market correction or profit-taking after a significant run-up in price, despite its overall strong performance relative to the industry.