Why is Tera Software falling/rising?

As of 31-Jul, Tera Software Ltd's stock price is currently at 311.90, reflecting an increase of 5.8, or 1.89%. Today's price summary indicates that the stock has outperformed its sector by 2.49% and has experienced a trend reversal after six consecutive days of decline. The stock has shown high volatility today, with an intraday volatility of 284.67%. Additionally, the stock's delivery volume has risen significantly, increasing by 124.2% against the five-day average, suggesting rising investor participation. Over the past year, Tera Software has generated an impressive return of 304.43%, significantly outperforming the BSE500 index in each of the last three annual periods, which is indicative of strong investor confidence.
In the broader market context, Tera Software's short-term performance over the past week shows a decline of 3.66%, while the Sensex has decreased by only 1.22%. This indicates that the stock has underperformed relative to the benchmark in the short term. However, its year-to-date return of 65.46% compared to the Sensex's 3.90% highlights its strong performance over a longer period. The positive financial results reported for March 25, including a 27.29% growth in net sales and a higher profit after tax, further support the stock's upward movement despite recent volatility.