Why is Tera Software falling/rising?

As of 26-Aug, Tera Software Ltd's stock price is currently at Rs 292.00, reflecting a decrease of Rs 3.65 or 1.23%. Today's price summary indicates that the stock has underperformed its sector by 0.73% and has experienced a trend reversal after two consecutive days of gains. Despite opening with a 2% gain and reaching an intraday high of Rs 301.55, the stock has shown high volatility with an intraday volatility of 35.56%. Over the past week, Tera Software has delivered a return of +1.30%, significantly outperforming the Sensex, which declined by 1.05%. However, the stock has seen a decline of 7.97% over the past month, while it has generated impressive returns of 292.16% over the last year. The company maintains a low debt-to-equity ratio of 0.08, and recent quarterly results showed substantial growth in profit after tax and net sales, which could support its valuation despite the recent price drop.
In the broader market context, Tera Software's recent performance contrasts with the benchmark, as it has outperformed the Sensex in both the short term and long term. The stock's year-to-date return of +54.91% significantly exceeds the Sensex's +3.39%, indicating strong relative strength. However, the decline in investor participation, with a 54.05% drop in delivery volume, suggests a potential decrease in market interest, which may be contributing to the recent price decline. Overall, while Tera Software has demonstrated remarkable long-term performance, the recent volatility and reduced trading activity may be influencing its current downward price movement.