Why is BSE falling/rising?

As of 03-Jul, BSE Ltd's stock price is rising, currently at 2,820.10, reflecting an increase of 67.7 or 2.46%. The stock has shown strong performance today, outperforming its sector by 2.98%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past year, BSE has generated impressive returns of 244.18%, significantly outperforming the Sensex, which has only increased by 4.61%. The company has demonstrated strong long-term fundamental strength, with a remarkable 83.99% CAGR growth in operating profits and a net profit growth of 479.51%, contributing to its strong buy rating.
In the broader market context, BSE's short-term return of 0.61% over the past week contrasts with the Sensex's decline of 0.56%, highlighting its resilience in a challenging market environment. Despite a decrease in investor participation, as indicated by a 34.28% drop in delivery volume, the stock remains liquid enough for trading. However, it is important to note that the stock is trading at a premium compared to its peers, with a high Price to Book Value of 25.9, which may pose risks for potential investors. Overall, BSE's strong performance metrics and consistent positive results over the last nine quarters contribute to its rising stock price.