Why is Tera Software falling/rising?

As of 14-Jul, Tera Software Ltd's stock is currently priced at Rs 304.00, reflecting a decline of Rs 6.45 or 2.08%. The stock has been underperforming in the sector, with a consecutive fall over the last two days resulting in a total drop of 4.75%. Despite this recent downturn, Tera Software has shown strong performance over the past week and month, with returns of 6.48% and 10.34%, respectively. The company has also demonstrated impressive long-term growth, achieving a remarkable 293.07% return over the past year. Positive financial results from March 2025, including record net sales and profit figures, further support the stock's historical performance, although the recent price movement indicates some volatility.
Broader market context shows that while Tera Software has experienced a decline in the short term, it has significantly outperformed the benchmark Sensex over various periods, including a year-to-date return of 61.27% compared to the Sensex's 5.27%. This indicates that despite the recent price drop, the stock has maintained a strong overall performance relative to the market. The increase in investor participation, as evidenced by a notable rise in delivery volume, suggests that there is still interest in the stock, which may help stabilize its price in the future. However, the current underperformance relative to the sector and the recent consecutive falls may be causing some concern among investors.