Why is California Soft. falling/rising?

As of 08-Jul, California Software Company Ltd's stock is currently priced at Rs. 19.90, reflecting a decrease of Rs. 0.72 or 3.49%. The stock has recently hit a new 52-week high of Rs. 21.61 but has underperformed its sector by 3.76% today, marking a trend reversal after ten consecutive days of gains. Despite this decline, the stock has shown impressive returns over various periods, including a 12.11% increase over the past week and an extraordinary 89.52% rise over the past month. Positive factors contributing to the stock's performance include a significant increase in promoter confidence, with a 26.53% rise in their stake, and strong financial metrics such as a high debtors turnover ratio and a favorable PEG ratio of 0.3, indicating the stock is trading at a discount compared to its peers.
In the broader market context, California Software Company Ltd has outperformed the benchmark, with a one-year return of 92.95% compared to the BSE500's return of only 1.98%. This substantial outperformance highlights the stock's strong market position, although the recent price decline suggests a correction after a period of rapid gains. The stock's liquidity remains adequate, with a delivery volume increase of 224.15% against the five-day average, indicating ongoing investor interest despite the current price drop.