Why is Tera Software falling/rising?

As of 12-Sep, Tera Software Ltd's stock price is rising, currently at Rs 378.50, reflecting an increase of Rs 4.5 or 1.2%. The stock has recently hit a new 52-week and all-time high of Rs 386.85, demonstrating strong performance with a day’s high of 3.44%. Over the past week, Tera Software has outperformed the Sensex with a return of 9.77% compared to the benchmark's 1.48%. Additionally, the company has shown impressive returns over longer periods, including a staggering 409.63% increase over the past year. Despite a significant drop in delivery volume, the stock maintains a low debt-to-equity ratio and has reported positive financial results, including a 21.7% growth in net sales.
Broader Market Context: In the context of the broader market, Tera Software's recent performance stands out, particularly given its 1-month return of 31.22% against the Sensex's 2.08%. This indicates that the stock is not only gaining traction on its own but is also significantly outperforming the market. The liquidity of the stock remains adequate for trading, which supports its rising price. Overall, the combination of strong financial performance, low debt levels, and substantial returns over various time frames contributes to the stock's upward movement, despite a decline in investor participation.