Why is Tera Software falling/rising?

As of 16-Jul, Tera Software Ltd's stock price is currently at Rs 307.20, reflecting an increase of Rs 12.2 or 4.14%. Today's price summary indicates that the stock has outperformed its sector by 3.67% and has experienced a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 307.95, showcasing a rise of 4.39%, while it also touched a low of Rs 282.25. Notably, the stock has shown impressive returns, with a 62.97% increase year-to-date and a staggering 307.97% rise over the past year. Positive financial results reported for March 2025, including the highest net sales and profit after tax, contribute to the stock's favorable movement, alongside consistent returns over the last three years.
In the broader market context, Tera Software's short-term performance has been notably strong, with a 1-week return of 1.05%, contrasting with a decline of 1.08% in the Sensex. This indicates that the stock is not only performing well relative to its historical performance but also against the broader market. The rising investor participation, evidenced by a 6.98% increase in delivery volume, further supports the stock's upward trajectory. Overall, Tera Software's strong financial results, consistent performance, and positive market sentiment are driving its recent price increase.