Why is California Soft. falling/rising?

As of 07-Jul, California Software Company Ltd's stock price is rising, currently at Rs.20.62, reflecting an increase of 0.98 or 4.99%. The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining 55.39% over the last 10 days. It has outperformed its sector by 5.63% today and is trading above all key moving averages, indicating strong momentum. Additionally, the stock has shown impressive returns over various periods, including a 105.89% increase over the past year, significantly outpacing the broader market's performance. Positive financial indicators, such as the highest Debtors Turnover Ratio and PBDIT, along with rising promoter confidence—evidenced by a 26.53% increase in their stake—further support the stock's upward movement.
In the broader market context, California Software Company Ltd's short-term performance is notably strong, with a 21.94% return over the past week, contrasting sharply with the Sensex, which has seen a slight decline of 0.20% during the same period. This divergence highlights the stock's robust performance relative to the market. While there has been a decline in investor participation, as indicated by a 42.82% drop in delivery volume, the overall liquidity remains sufficient for trading. The company's fair valuation and low PEG ratio suggest that it is trading at a discount compared to its peers, which may attract further investment and contribute to its rising stock price.