Why is Colgate-Palmoliv falling/rising?

As of 12-Aug, Colgate-Palmolive (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,200.95, reflecting a decrease of Rs 12.1 or 0.55%. The stock is trading close to its 52-week low, just 0.21% away from Rs 2,196.4. It has underperformed in the short term, with a 1-week return of -1.39% and a 1-month return of -7.34%. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The company has reported negative results, including a 10.7% decline in profit after tax compared to the previous quarter's average, and its net sales have also reached a low point. Despite strong long-term fundamentals, including a high return on equity and low debt-to-equity ratio, the stock's valuation appears expensive, contributing to its recent poor performance.
In the broader market context, Colgate-Palmolive's recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.59% over the same week. The stock's year-to-date performance is particularly concerning, with a drop of 17.93%, while the Sensex has gained 2.68% during the same period. This underperformance is compounded by a decrease in investor participation, as indicated by a significant drop in delivery volume. The high institutional holdings suggest that while there is confidence in the company's long-term potential, the recent financial results and valuation concerns are leading to a negative sentiment among investors, resulting in the stock's downward movement.