Why is California Soft. falling/rising?

As of 12-Jun, California Software Company Ltd's stock price is currently at 12.74, reflecting an increase of 0.6 or 4.94%. The stock has shown strong performance recently, gaining 21.33% over the last four days and outperforming its sector by 5.92% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, the company has reported impressive financial metrics, including a highest debtors turnover ratio and significant increases in profit before depreciation and interest. Promoter confidence has also risen, with a 26.53% increase in stake, suggesting strong belief in the company's future prospects. However, there are concerns regarding long-term fundamental strength, particularly a weak ability to service debt.
In the broader market context, California Software Company Ltd has significantly outperformed the benchmark, with a 1-year return of 22.76% compared to the BSE 500's 4.18%. The stock's strong short-term performance contrasts sharply with the benchmark's modest gains, highlighting its market-beating capabilities. Despite a decline in investor participation, as indicated by a drop in delivery volume, the overall positive financial indicators and rising promoter confidence contribute to the stock's upward trajectory.