Why is Californ. Sof.PP falling/rising?

As of 15-Jul, California Software Company Ltd Partly Paidup is experiencing a price increase, currently at Rs. 7.29, reflecting a rise of 0.1 (1.39%). The stock has shown remarkable performance, gaining 119.58% over the last 19 days and hitting a new 52-week high of Rs. 7.38 today. It has outperformed its sector by 1.01%. Additionally, the stock has demonstrated strong momentum, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume dropping by 24.78% 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's performance over the past week has been significantly positive, with a return of +17.96%, while the benchmark Sensex has decreased by 1.36%. This stark contrast highlights the stock's strong upward trajectory relative to the market. Over the past month, the stock has surged by an impressive 141.39%, while the Sensex has only increased by 1.79%. This indicates that despite the declining delivery volume, the stock's recent gains are driven by strong investor sentiment and performance, setting it apart from the broader market trends.