Why is Californ. Sof.PP falling/rising?

As of 30-Jun, California Software Company Ltd Partly Paidup has experienced a price increase, with its current price at Rs. 4.68, reflecting a rise of Rs. 0.22 or 4.93%. The stock has been on an upward trend, gaining for the last eight days and achieving a remarkable 40.96% return during this period. It has also reached a new 52-week and all-time high today. Additionally, the stock has significantly outperformed its sector by 4.67%. However, there is a noted decline in investor participation, with delivery volume falling by 34.76% against the five-day average, which could indicate some caution among investors despite the positive price movement.
In the broader market context, the stock's performance over the past week shows a return of 27.17%, which is substantially higher than the Sensex's return of 2.09% during the same period. Over the past month, California Software Company Ltd has achieved an impressive return of 83.53%, again outpacing the Sensex's 2.65%. This strong performance relative to the benchmark suggests that investor sentiment remains positive towards the stock, despite the decrease in delivery volume, which may warrant monitoring for potential shifts in trading activity.