Why is Tera Software falling/rising?

As of 04-Sep, Tera Software Ltd is currently priced at 333.50, reflecting a decrease of 1.85 points or 0.55%. The stock recently hit a new 52-week high of Rs 349.6 but has experienced a trend reversal, falling after five consecutive days of gains. Despite this decline, the stock has shown strong performance over various periods, with a remarkable 369.72% return over the past year and a 694.99% return over the last three years. The company has reported positive financial results, including a 21.7% growth in net sales and a low debt-to-equity ratio of 0.08, indicating financial stability which may support investor confidence.
In the broader market context, Tera Software's short-term performance has significantly outpaced the Sensex, with a 1-week return of 11.99% compared to the benchmark's 0.80%. This strong performance suggests that the stock is attracting investor interest, as evidenced by a 158.71% increase in delivery volume. However, the recent price drop may reflect profit-taking after reaching a high, despite the overall positive sentiment surrounding the stock's long-term growth potential. The liquidity of the stock remains adequate for trading, further supporting its market activity.