Why is Tera Software falling/rising?

As of 24-Jul, Tera Software Ltd's stock is currently priced at Rs 323.75, reflecting a decrease of Rs 6.6 or 2.0%. The stock has been experiencing a consecutive decline over the last two days, with a total drop of 6.89% during this period. It opened today with a loss of 2% and reached an intraday low of Rs 323.75, indicating a lack of upward movement throughout the trading day. Despite its recent volatility, the stock has shown strong performance over longer periods, with a year-to-date increase of 71.75% and an impressive 354.07% rise over the past year. However, there has been a significant decline in investor participation, with delivery volume dropping by 85.11% compared to the five-day average, which may be contributing to the stock's recent downward trend.
In the broader market context, Tera Software's short-term performance has outpaced the Sensex, which has seen a marginal decline of 0.09% over the past week while Tera Software gained 4.28%. This indicates that, despite the current price drop, the stock has been performing well relative to the benchmark in the recent past. However, the stock's recent underperformance against its sector by 0.49% today suggests that it may be facing challenges that are affecting investor confidence. Overall, while Tera Software has shown remarkable growth over the longer term, the combination of recent price declines, reduced trading volume, and high volatility may be impacting its current stock price negatively.