Why is Cupid falling/rising?

As of 30-Jun, Cupid Ltd's stock price is currently at Rs 108.40, reflecting an increase of Rs 1.4 or 1.31%. The stock has shown strong performance recently, gaining 18.53% over the past week and 18.96% over the last year, significantly outperforming the BSE 500 index during these periods. Today, the stock reached an intraday high of Rs 109.3 and has been on a consecutive gain streak for the last five days. Additionally, Cupid Ltd is trading above all its moving averages, indicating a positive trend. The company also maintains a low debt-to-equity ratio, which contributes to its stability and attractiveness to investors.
In the broader market context, Cupid Ltd's short-term performance of 18.53% over the past week greatly surpasses the Sensex's return of 2.09% in the same timeframe. This strong performance is indicative of rising investor confidence and participation, as evidenced by a notable increase in delivery volume. The stock's liquidity is also favorable, allowing for substantial trading activity. Overall, Cupid Ltd's consistent gains, positive financial metrics, and strong market performance contribute to its rising stock price.