Why is California Soft. falling/rising?

As of 03-Jul, California Software Company Ltd is experiencing a price increase, currently at Rs. 19.00, reflecting a rise of 0.9 or 4.97%. The stock has recently hit a new 52-week high and has been on an upward trend, gaining 43.18% over the last eight days. It has outperformed its sector by 5.17% today and is trading above its moving averages across various time frames. Additionally, the stock has shown impressive returns, with a 1-year increase of 85.27%, significantly surpassing the broader market's performance of 2.20%. Positive financial indicators, such as the highest Debtors Turnover Ratio and PBDIT, alongside rising promoter confidence with a 26.53% increase in their stake, contribute to the stock's favorable movement.
In the broader market context, California Software Company Ltd's short-term performance is markedly better than the benchmark, as it has achieved a 23.78% return over the past week compared to the Sensex's decline of 0.62%. This strong performance, coupled with a PEG ratio of 0.3 indicating undervaluation relative to growth, suggests that the stock is well-positioned against market trends. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 47.72% against the 5-day average, which could be a point of concern moving forward.