Why is BSE falling/rising?

As of 28-Jul, BSE Ltd's stock price is currently at 2,449.90, reflecting a decrease of 4.1 points or 0.17%. Today's price summary indicates that the stock has outperformed its sector by 1.2%, although it is trading lower than its 5-day, 20-day, and 50-day moving averages. Over the past week, the stock has declined by 2.83%, and it has experienced a significant drop of 11.73% over the past month. Despite these short-term declines, the stock has shown impressive long-term performance, with a year-to-date increase of 37.99% and a remarkable 200.25% rise over the past year. The company has demonstrated strong fundamentals, including a 479.51% growth in net profit and consistent positive results for the last nine quarters, which supports its classification as a strong buy.
In the broader market context, BSE Ltd's recent performance contrasts with the benchmark Sensex, which has declined by 1.63% over the past week and 3.73% over the past month. While the stock's short-term performance is negative, its long-term returns significantly outperform the benchmark, indicating strong investor confidence. The high institutional holdings at 37.03% suggest that knowledgeable investors are backing the stock, despite its current valuation concerns, such as a high Price to Book Value of 22.5. Overall, while the stock is experiencing a short-term decline, its robust long-term growth and strong fundamentals may provide a buffer against broader market fluctuations.