Why is California Soft. falling/rising?

As of 16-Jun, California Software Company Ltd's stock price is rising, currently at 14.03, with a change of 0.66, reflecting a 4.94% increase. The stock has been on an upward trend, gaining for the last six days and achieving a remarkable 33.62% return during this period. It has outperformed its sector by 3.51% today and is trading above its moving averages across various time frames. Additionally, the company has shown strong performance over the past year, with a return of 39.19%, significantly higher than the market's average return of 3.25%. Positive financial indicators, such as the highest Debtors Turnover Ratio and PBDIT, along with a low Price to Book Value ratio, suggest an attractive valuation. Furthermore, rising promoter confidence, with a 26.53% increase in stake, indicates strong belief in the company's future prospects.
In the broader market context, California Software Company Ltd's recent performance stands in stark contrast to the benchmark, as it has generated a 29.31% return over the past week while the Sensex has declined by 0.79%. This significant outperformance highlights the stock's resilience and appeal to investors despite a generally challenging market environment. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 24.17% against the five-day average, which could indicate a potential concern for future liquidity. Overall, the combination of strong financial results, increased promoter confidence, and substantial returns relative to the market contributes to the stock's rising price.