Why is California Soft. falling/rising?

As of 18-Jul, California Software Company Ltd's stock price is currently at 16.87, reflecting an increase of 0.15 or 0.9%. The stock has shown a trend reversal, gaining after five consecutive days of decline. Despite a significant drop in delivery volume, which fell by 83.33% against the five-day average, the stock has outperformed its sector by 1%. Over the past month, it has risen by 9.12%, and year-to-date, it has generated a remarkable return of 73.72%. Positive financial indicators, such as the highest Debtors Turnover Ratio and PBDIT, along with a low PEG ratio of 0.3, suggest attractive valuations. Additionally, rising promoter confidence, with a 26.53% increase in their stake, signals strong future prospects for the company.
In the broader market context, while the BSE500 index has experienced a slight decline of 0.36% over the past year, California Software Company Ltd has significantly outperformed this benchmark with a return of 71.14%. This stark contrast highlights the stock's resilience and appeal amidst a challenging market environment. The company's ability to maintain positive performance metrics, coupled with increased promoter confidence, positions it favorably against the backdrop of a generally underperforming market.