Why is Motil.Oswal.Fin. falling/rising?

As of 07-Jul, Motilal Oswal Financial Services Ltd is experiencing a price increase, currently at 930.05, reflecting a rise of 11.45 or 1.25%. The stock has shown strong performance today, outperforming its sector by 1.25% and reaching an intraday high of Rs 949.5, which is a 3.36% increase. Over the past week, the stock has gained 6.54%, while it has also demonstrated significant long-term growth with a 68.47% return over the last year and an impressive 384.02% increase over the last three years. Despite a recent decline in investor participation, with delivery volume dropping by 52.96% against the 5-day average, the stock remains above its moving averages, indicating a positive trend.
In the broader market context, the Sensex has shown a slight decline of 0.20% over the past week, contrasting with Motilal Oswal's strong performance. While the stock has underperformed the benchmark year-to-date with a decline of 2.66% compared to the Sensex's 6.79% increase, its recent gains and strong fundamentals, including a robust average Return on Equity (ROE) of 23.63% and an annual operating profit growth rate of 42.36%, suggest a resilient position in the market. Overall, the stock's ability to outperform both in the near term and long term, despite some recent challenges, contributes to its rising price.