Why is Tera Software falling/rising?

As of 17-Jul, Tera Software Ltd's stock is currently priced at 310.45, reflecting an increase of 3.25 or 1.06%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.24%. Despite opening lower today with a loss of 2.31% and touching an intraday low of Rs 295, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Additionally, the company reported its highest quarterly net sales, PBDIT, and PAT in March 2025, contributing to a significant 312.28% return over the past year and consistent performance over the last three years.
In the broader market context, Tera Software's recent performance contrasts with the benchmark Sensex, which has declined by 1.12% over the past week while Tera Software has fallen by 2.73%. However, the stock has outperformed the sector by 2.19% today, indicating strong investor interest, as evidenced by a 4.04% increase in delivery volume compared to the 5-day average. The stock's liquidity remains adequate for trading, further supporting its positive outlook despite the recent fluctuations.