Why is Tera Software falling/rising?

As of 05-Sep, Tera Software Ltd's stock price is currently at Rs 344.80, reflecting an increase of Rs 11.3 or 3.39%. The stock has shown strong performance recently, with a 1-week return of 13.51% and a remarkable 389.08% increase over the past year. Despite opening lower today with a loss of 4.05%, it reached an intraday high of Rs 344.80, indicating a recovery. The stock is trading above its moving averages and has seen a significant rise in delivery volume, suggesting increased investor interest. Additionally, the company reported positive financial results, including a 21.7% growth in net sales and the highest operating profit margin, which contributes to the stock's upward momentum.
In the broader market context, Tera Software's performance has significantly outpaced the benchmark Sensex, which only increased by 1.13% over the past week and has shown no growth over the past month. The stock's year-to-date return of 82.92% further highlights its strong performance relative to the market. This outperformance, combined with a low debt-to-equity ratio and majority non-institutional shareholders, positions Tera Software favorably in the market, contributing to its rising stock price.