Why is Cupid falling/rising?

As of 26-Jun, Cupid Ltd's stock price is currently at 103.90, reflecting an increase of 0.4 (0.39%). The stock has been on an upward trend, gaining for the last three days and achieving a notable 13.61% return during this period. Despite a slight underperformance against its sector today by 1.18%, Cupid has shown strong performance in the long term, with a year-to-date return of 37.05% and a staggering 883.90% increase over the past three years. The company maintains a low debt-to-equity ratio, which supports its stability and attractiveness to investors. Additionally, rising investor participation is evident, with a significant increase in delivery volume, indicating growing interest in the stock.
In the broader market context, Cupid's recent performance contrasts with the Sensex, which has only increased by 2.94% over the past week. While Cupid has outperformed the benchmark in the long term, its recent short-term performance shows a divergence, as it has underperformed the sector today. However, the overall market sentiment remains positive, bolstered by Cupid's strong historical returns and liquidity, suggesting that investor confidence in the stock remains robust despite minor fluctuations in the short term.