Why is California Soft. falling/rising?

As of 02-Jul, California Software Company Ltd's stock price is rising, currently at Rs. 18.10, reflecting an increase of 0.35 (1.97%). The stock has recently hit a new 52-week high of Rs. 18.63 and has outperformed its sector by 1.88%. Over the last week, the stock has gained 36.4%, continuing a streak of seven consecutive days of gains. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive financial results, including the highest Debtors Turnover Ratio and PBDIT, along with a significant increase in promoter confidence—where promoters raised their stake by 26.53%—have contributed to the stock's upward momentum. Furthermore, the stock's impressive one-year return of 85.27% significantly surpasses the market's average returns, indicating strong performance relative to peers.
In the broader market context, California Software Company Ltd's short-term performance is notably strong, with a 23.80% return over the past week compared to a mere 0.79% increase in the Sensex. This stark contrast highlights the stock's robust performance against the benchmark. Despite a slight decline in investor participation, as indicated by a 3.38% drop in delivery volume, the overall liquidity remains sufficient for trading. The stock's fair valuation, trading at a discount relative to peers, coupled with a favorable PEG ratio of 0.3, suggests that it may still have room for growth, reinforcing the positive sentiment among investors.