Why is Tera Software falling/rising?

As of 01-Aug, Tera Software Ltd's stock is currently priced at 305.70, reflecting a decline of 6.2 points or 1.99%. Today's performance indicates that the stock has underperformed its sector by 0.39%, and it has experienced high volatility with an intraday volatility of 182.52%. Additionally, the stock's delivery volume has significantly decreased by 52.93% compared to the 5-day average, suggesting a falling investor participation. Despite this recent decline, Tera Software has shown impressive returns over the longer term, with a 315.92% increase over the past year and a staggering 672.95% over the last three years, indicating strong historical performance. Positive financial results, including a 27.29% growth in net sales and a higher profit after tax, contribute to the stock's overall positive outlook, although the current price movement suggests some short-term challenges.
In the broader market context, Tera Software's recent 1-week return of -3.66% contrasts with the Sensex's decline of only 1.06%, highlighting a significant underperformance relative to the benchmark. However, the stock has outperformed the Sensex over longer periods, including a year-to-date return of 62.18% compared to the Sensex's 3.15%. This discrepancy in short-term performance may reflect specific challenges faced by Tera Software, such as reduced trading volume and volatility, while its long-term growth trajectory remains strong.