Why is BSE falling/rising?

As of 08-Sep, BSE Ltd's stock price is currently at 2,346.20, reflecting an increase of 26.6, or 1.15%. The stock has shown strong performance today, outperforming its sector by 0.83%. In terms of returns, BSE Ltd has experienced a 7.60% increase over the past week, although it has seen a slight decline of 1.95% over the past month. The stock has demonstrated impressive long-term growth, with a year-to-date increase of 32.15% and a staggering 149.19% rise over the past year. The company has reported strong fundamentals, including a 97.51% CAGR growth in operating profits and a net profit growth of 116.05%, contributing to its positive price movement.
In the broader market context, BSE Ltd's recent performance stands in contrast to the Sensex, which has only increased by 0.60% over the past week. The stock's liquidity is also favorable, with a delivery volume that has risen significantly, indicating increased investor participation. However, it is important to note that the stock is trading at a premium valuation compared to its peers, with a price-to-book value of 21.5, which may pose risks for future price movements. Despite this, the high institutional holdings at 37.03% suggest confidence from larger investors, further supporting the stock's upward trajectory.