Why is Californ. Sof.PP falling/rising?

As of 27-Jun, California Software Company Ltd Partly Paidup is experiencing a price increase, with its current price at Rs. 4.46, reflecting a rise of 0.21 or 4.94%. The stock has hit a new 52-week and all-time high today and has outperformed its sector by 5.23%. It has been on a consecutive gain streak for the last seven days, accumulating a remarkable 34.34% return during this period. Additionally, the stock's performance over the past week shows a significant increase of 25.99%, while the one-month return stands at 56.49%. However, there has been a notable decline in investor participation, with delivery volume dropping by 80.43% against the five-day average, indicating a potential concern for future trading activity.
In the broader market context, California Software Company Ltd's recent performance significantly outpaces the benchmark Sensex, which has only increased by 2.00% over the past week and 3.07% over the past month. This stark contrast highlights the stock's strong momentum relative to the overall market. The stock is also trading above all its moving averages, suggesting a bullish trend. Despite the falling delivery volume, the liquidity remains adequate for trading, which may support continued interest in the stock. Overall, the combination of strong short-term returns and a recent high contributes to the stock's rising price.