Why is Californ. Sof.PP falling/rising?

As of 01-Jul, California Software Company Ltd Partly Paidup is experiencing a price increase, with its current price at Rs. 4.91, reflecting a rise of 0.23 or 4.91%. The stock has hit a new 52-week and all-time high today and has been on a consecutive gain streak for the last nine days, resulting in a substantial return of 47.89% during this period. Additionally, the stock has significantly outperformed its sector by 5.41%. However, it is important to note that investor participation has declined, with delivery volume falling by 82.16% compared to the 5-day average, which may indicate a potential concern regarding sustained interest in the stock.
In the broader market context, California Software Company Ltd has shown remarkable short-term performance, with a 1-week return of 27.20%, significantly outpacing the Sensex, which only increased by 2.00% during the same period. Over the past month, the stock's return of 92.55% again surpasses the Sensex's 2.76% increase, highlighting its strong momentum relative to the benchmark. Despite the decline in investor participation, the stock's performance suggests a robust demand that has driven its price higher, indicating a positive sentiment among investors in the short term.