Shares of Tera Software Ltd have rallied 47.63% this week, reaching ₹116.58 on the BSE. The stock has seen significant investor interest following recent positive developments.
Tera Software recently announced that it participated in the BharatNet Phase-3 project, in collaboration with ITI Limited, as part of a consortium to provide high-speed broadband connectivity to rural areas. The project, funded by the Department of Telecommunications (DoT), aims to bridge the ‘digital divide’ across India, covering Himachal Pradesh, West Bengal, and Andaman & Nicobar Islands, with an order value totaling ₹3,022 crore.
Over the week, Tera Software has seen a considerable increase from its previous close. On a monthly basis, the stock has also gained traction, reflecting growing investor confidence in the company’s recent projects and market performance.
Tera Software Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Nov 8 2024
|
₹102.99
|
₹116.58
|
|
|
Thu, Nov 7 2024
|
₹86.80
|
₹101.98
|
|
|
Wed, Nov 6 2024
|
₹80.97
|
₹84.99
|
|
|
Tue, Nov 5 2024
|
₹77.18
|
₹79.95
|
|
|
Mon, Nov 4 2024
|
₹81.50
|
₹78.29
|
-2.38%
|
|
Fri, Nov 1 2024
|
₹81.00
|
₹80.20
|
-0.73%
|
|
Thu, Oct 31 2024
|
₹81.23
|
₹80.79
|
|
|
Wed, Oct 30 2024
|
₹76.10
|
₹80.04
|
|
Meanwhile, the Nifty 50 index has declined by 3.74% over the past month, currently standing at ₹24,148.20.