Why is Tera Software falling/rising?

As of 15-Jul, Tera Software Ltd's stock is currently priced at Rs 295.00, reflecting a decrease of Rs 9.0 or 2.96%. The stock has been underperforming, having fallen for the last three consecutive days, resulting in a total decline of 7.57% during this period. Additionally, the stock's performance today has lagged behind its sector by 3.34%. Despite this recent downturn, Tera Software has shown impressive returns over the longer term, with a 293.28% increase over the past year and a staggering 681.46% rise over the last three years. Positive financial results reported for March 2025, including record net sales and profit figures, indicate strong underlying performance, which may help support the stock despite its current decline.
In the broader market context, Tera Software's short-term performance of -1.99% over the past week contrasts with the Sensex, which has decreased by only 1.36%. This suggests that while the stock is facing challenges, it is still outperforming the benchmark over longer periods, such as a 7.08% increase over the past month compared to the Sensex's 1.79%. The rising investor participation, indicated by a significant increase in delivery volume, may provide some support for the stock moving forward, even as it navigates recent price declines.