Why is California Soft. falling/rising?

As of 24-Jun, California Software Company Ltd's stock price is currently at 13.93, reflecting an increase of 0.66 or 4.97%. Today's performance indicates a trend reversal, as the stock has gained after three consecutive days of decline. Despite a recent drop in investor participation, with delivery volume falling by 40.54% against the 5-day average, the stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 37.80%, significantly outperforming the market, which recorded a return of only 2.98%. Additionally, positive financial results and rising promoter confidence, with a 26.53% increase in stake, suggest a strong belief in the company's future, contributing to the stock's upward movement.
In the broader market context, while California Software Company Ltd has experienced a short-term decline of 5.43% over the past week, it has outperformed the Sensex, which has gained 0.58% during the same period. The stock's year-to-date return of 43.45% further emphasizes its strong performance relative to the market, which has only seen a 5.01% increase. The company's attractive valuation, indicated by a low Price to Book Value ratio and a favorable PEG ratio, alongside the positive financial indicators, positions it well against the benchmark, reinforcing investor confidence despite recent fluctuations.