Why is Tera Software falling/rising?

As of 22-Aug, Tera Software Ltd's stock price is currently at 289.90, reflecting an increase of 1.25, or 0.43%. The stock has shown high volatility today, with an intraday volatility of 271.67%. Despite a recent decline of 1.70% over the past week and a significant drop of 16.62% over the last month, the stock has performed exceptionally well year-to-date with a return of 53.79% and an impressive 289.23% increase over the past year. The company's low debt-to-equity ratio of 0.08 times and strong quarterly results, including a 21.7% growth in net sales and the highest operating profit margin, contribute positively to its recent price movement. However, a notable decline in investor participation, with delivery volume falling by 40.44% against the 5-day average, may indicate some caution among investors.
In the broader market context, Tera Software's recent performance contrasts with the Sensex, which has gained 0.88% over the past week and is down only 1.07% over the last month. While Tera Software has outperformed the benchmark significantly in the long term, the short-term underperformance relative to the Sensex may be influencing investor sentiment. The stock's ability to outperform the sector today by 1.44% suggests a potential rebound, but the overall volatility and declining participation could temper enthusiasm in the near term.