Why is BSE falling/rising?

As of 22-Aug, BSE Ltd's stock price is currently at 2,332.80, reflecting a slight increase of 0.6, or 0.03%. Today's performance indicates that the stock has outperformed its sector by 0.47%. The stock is trading above its 200-day moving average but below its shorter-term moving averages, suggesting mixed momentum. Notably, there has been a significant rise in investor participation, with delivery volume increasing by 360.53% compared to the 5-day average. Despite a recent decline of 6.01% over the past week and 8.46% over the past month, the stock has shown impressive long-term growth, with a year-to-date increase of 31.40% and a remarkable 156.61% rise over the past year. The company has demonstrated strong fundamentals, including a 116.05% growth in net profit and a consistent positive performance over the last ten quarters, which supports its strong buy rating.
In the broader market context, while BSE Ltd has experienced a decline in the short term, the benchmark Sensex has gained 0.97% over the past week. This indicates that the stock's recent performance has lagged behind the overall market trend. However, BSE Ltd's long-term performance remains robust, significantly outperforming the Sensex, which has only increased by 5.18% year-to-date. The stock's high institutional ownership at 37.03% suggests confidence from knowledgeable investors, although its high valuation metrics, such as a Price to Book Value of 21.4, indicate potential risks. Overall, while the stock faces short-term challenges, its strong fundamentals and long-term growth prospects contribute to its resilience in the market.