Why is Tera Software falling/rising?

As of 11-Jun, Tera Software Ltd's stock price is currently at 286.80, reflecting an increase of 5.6, or 1.99%. The stock has been on an upward trend, gaining for the last six consecutive days and achieving a total return of 12.56% during this period. It has outperformed its sector by 0.97% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. Additionally, the company reported positive financial results, with net sales growing by 27.29% and a higher profit after tax, contributing to the stock's favorable performance. However, there has been a decline in investor participation, with delivery volume decreasing by 40.43% compared to the 5-day average.
In the broader market context, Tera Software's short-term performance has significantly outpaced the benchmark, with a 10.37% return over the past week compared to the Sensex's 1.87%. The stock's impressive long-term performance, including a 269.97% return over the past year and a 630.70% return over three years, further underscores its market-beating capabilities. Despite the recent drop in delivery volume, the overall bullish technical indicators and strong financial results suggest that the stock's upward momentum is likely to continue, reflecting investor confidence in the company's growth prospects.