Why is Tera Software falling/rising?

As of 10-Sep, Tera Software Ltd's stock price is rising, currently at Rs 374.25, reflecting an increase of Rs 12.25 or 3.38%. The stock has shown strong performance, with a 1-week return of 11.60% and a remarkable 29.88% increase over the past month. It is also close to its 52-week high, being only 1.56% away from Rs 380.1. Despite a drop in delivery volume by 44.1% against the 5-day average, the stock is trading above all its moving averages, indicating a positive trend. The company has reported impressive financial results, including a 21.7% growth in net sales and a high operating profit margin, which contributes to its strong market performance.
In the broader market context, Tera Software's short-term performance significantly outpaces the benchmark, with the Sensex only gaining 1.06% over the past week. The IT - Software sector has also seen a gain of 2.53%, further supporting the stock's upward movement. Tera Software has consistently outperformed the BSE500 over various time frames, including a staggering 424.16% return in the last year. This sustained outperformance, coupled with a low debt-to-equity ratio, positions the company favorably in the market, contributing to the rising stock price.