Why is Tera Software falling/rising?

As of 07-Jul, Tera Software Ltd is experiencing a decline in its stock price, currently at Rs 285.50, which reflects a decrease of Rs 12.85 or 4.31%. The stock has underperformed its sector by 3.67% today and has been on a downward trend for the last two days, accumulating a total loss of 6.99%. Despite a strong performance over the past year, with a return of 267.30%, the stock has faced challenges recently, including a significant drop in delivery volume by 56.73% compared to the 5-day average. The stock opened lower today, down 3.1%, and reached an intraday low of Rs 285.50. While the company has shown positive growth in net sales and profit after tax in recent periods, the current market sentiment appears to be weighing on its price.
In the broader market context, Tera Software's short-term performance has been notably weaker than the benchmark, with a 1-week return of -1.87% compared to the Sensex's -0.20%. Although the stock has demonstrated strong long-term growth, outperforming the BSE500 over the last three years, the recent price movements suggest a shift in investor sentiment. The decline in investor participation and the stock's inability to maintain momentum despite previous strong earnings may be contributing factors to its current price drop. Overall, while the company has solid fundamentals, the recent market dynamics are leading to a decline in its stock price.