Why is Tera Software falling/rising?

As of 11-Sep, Tera Software Ltd's stock price is currently at Rs 374.00, reflecting a slight decline of 0.25 (-0.07%). Despite this minor decrease, the stock has shown strong performance over various periods, with a remarkable 413.60% increase over the past year and a 534.97% rise over the last three years. Today's price summary indicates that Tera Software is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. However, there has been a notable drop in investor participation, with delivery volume falling by 55.07% compared to the 5-day average, which may be contributing to the recent price movement. The company's low debt-to-equity ratio and strong quarterly results, including a 21.7% growth in net sales, further support its hold status.
In the broader market context, Tera Software's short-term performance has significantly outpaced the benchmark, with a 12.14% increase over the past week compared to a mere 1.03% rise in the Sensex. This trend of outperforming the market is consistent with its long-term performance, where it has consistently generated returns well above those of the BSE500. Despite the current slight decline in price, the overall market context remains favorable for Tera Software, indicating that the stock's fundamentals are strong, even if short-term fluctuations are occurring.