Why is BSE falling/rising?

As of 25-Jun, BSE Ltd's current price is 2,789.00, reflecting a slight increase of 3.4 (0.12%). The stock has demonstrated strong performance, with a 5.92% increase over the past week and a remarkable 231.90% rise over the last year. Today's price summary indicates that BSE is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Additionally, there has been a rise in investor participation, with delivery volume increasing by 3.13% compared to the 5-day average. The company's strong fundamentals, highlighted by a 479.51% growth in net profit and consistent positive results over the last nine quarters, further support its upward movement. However, the stock is considered expensive with a high price-to-book value and a PEG ratio of 0.4, indicating potential valuation concerns.
In the broader market context, BSE Ltd has outperformed the Sensex, which has only increased by 1.74% over the past week, while BSE's return is significantly higher at 5.92%. This outperformance is consistent with its long-term trend, where the stock has generated substantial returns compared to the benchmark. The company's strong long-term growth prospects, as evidenced by its 83.99% CAGR in operating profits, contribute to its favorable market position. Despite the high valuation concerns, the stock's ability to deliver exceptional returns and maintain investor interest suggests a robust market sentiment surrounding BSE Ltd.