Why is Californ. Sof.PP falling/rising?

As of 14-Jul, California Software Company Ltd Partly Paidup is experiencing a price increase, currently at Rs. 7.19, reflecting a rise of 0.33 or 4.81%. The stock has been on a remarkable upward trajectory, gaining for the last 18 days and achieving a total return of 116.57% during this period. It has also reached a new 52-week and all-time high of Rs. 7.2 today. In terms of performance, the stock has outperformed its sector by 5.84%. However, there is a noted decline in investor participation, with delivery volume falling by 32.25% against the 5-day average, which could indicate a potential concern for future momentum.
In the broader market context, California Software Company Ltd's stock has significantly outperformed the Sensex over the past week, with a return of 22.07% compared to the benchmark's decline of 1.42%. Over the past month, the stock has surged by 138.08%, while the Sensex has only increased by 1.40%. This stark contrast highlights the stock's strong performance relative to the broader market. Despite the falling investor participation, the stock's liquidity remains sufficient for trading, suggesting that while there may be some caution among investors, the overall demand for the stock continues to drive its price upward.