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

As of 15-Jul, Motilal Oswal Financial Services Ltd is experiencing a price increase, currently at Rs 941.20, reflecting a rise of Rs 16.35 or 1.77%. Today's performance indicates a positive trend as the stock has gained after two consecutive days of decline, outperforming its sector by 0.96%. The stock reached an intraday high of Rs 947.45, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has delivered impressive returns of 77.47%, significantly outperforming the BSE500 index. However, there has been a notable decline in investor participation, with delivery volume dropping by 39.92% compared to the 5-day average.
In the broader market context, the stock's short-term return of 2.44% over the past week stands in stark contrast to the Sensex, which has declined by 1.36% during the same period. This indicates that Motilal Oswal Financial Services Ltd is not only maintaining its upward momentum but also demonstrating resilience against broader market trends. The company's strong long-term fundamentals, highlighted by an average Return on Equity (ROE) of 23.63% and an annual growth rate of 42.36% in operating profit, further support its positive trajectory. Overall, the combination of strong performance metrics and favorable market conditions contributes to the stock's rising price.