Why is Colgate-Palmoliv falling/rising?

As of 22-Aug, Colgate-Palmolive (India) Ltd is experiencing a decline in its stock price, currently at Rs 2,298.85, which represents a decrease of Rs 51.15 or 2.18%. The stock has been underperforming, having fallen consecutively for the last two days with a total return of -2.45%. In today's performance, it underperformed its sector by 1.52%. Over the past week, the stock has shown a positive return of 6.72%, but it has a negative return of -3.34% over the past month and a significant decline of -36.18% over the past year. The company's fundamentals indicate strong long-term strength with a high average Return on Equity (ROE) of 74.04% and low debt levels; however, recent negative results, including the lowest net sales and operating profit in the last quarter, have contributed to its falling stock price.
Broader market context shows that while the stock has performed well in the short term compared to the benchmark Sensex, which has only increased by 0.88% over the past week, it has significantly underperformed in the longer term. The stock's year-to-date return is -14.28%, contrasting sharply with the Sensex's positive return of 4.05%. This broader context highlights the stock's struggles despite high institutional holdings, which may suggest a lack of confidence in its near-term performance due to disappointing financial results and a high valuation compared to its peers.