California Software Company Ltd Gains 9.97% Today, Surges 26.89% Over Past Week

California Software Company Ltd is currently witnessing significant buying activity, with the stock gaining 9.97% today alone. This performance starkly contrasts with the Sensex, which has only increased by 0.32% on the same day. Over the past week, California Software Company has surged by 26.89%, while the Sensex has risen just 1.48%. The stock has shown a remarkable trend, achieving consecutive gains for the last six days, resulting in a total increase of 32.68% during this period. The stock opened with a gap up of 9.97% today, reaching an intraday high of Rs 18.31. Notably, California Software Company has outperformed its sector by 8.98% today. In terms of moving averages, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. The company's performance over the past year has also been impressive, with a 51.94% increase compared to the Sensex's modest 0.67% gain. Factors contributing to this buying pressure may include positive market sentiment and strong historical performance, particularly over the last five years, where the stock has appreciated by 376.39%.