Why is Tera Software falling/rising?

As of 30-Jun, Tera Software Ltd's stock price is rising, currently at Rs 290.95, reflecting an increase of 13.85 or 5.0%. The stock has shown strong performance today, outperforming its sector by 4.74% and has been on a consecutive gain streak for the last five days, accumulating a 10.02% return in that period. Additionally, it is trading above all key moving averages, indicating positive momentum. The company has reported significant growth in its financials, with net sales increasing by 27.29% and a substantial return of 250.50% over the past year, which has contributed to investor confidence and the stock's upward movement.
In the broader market context, Tera Software's short-term return of 10.02% over the past week significantly outpaces the Sensex's return of 2.09%, highlighting its strong performance relative to the benchmark. This trend is further supported by the company's consistent returns over the last three years, where it has consistently outperformed the BSE 500. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 55.35% against the five-day average, which could be a concern for future liquidity. Overall, the combination of strong financial results and positive market performance has driven the stock's rise.