Why is Cupid falling/rising?

As of 02-Jul, Cupid Ltd's stock price is currently at Rs 107.60, reflecting a decrease of Rs 1.8 or 1.65%. The stock has experienced a trend reversal, falling after six consecutive days of gains. Today's performance indicates that it is in line with the sector, but it touched an intraday low of Rs 106.35, which is a decline of 2.79%. Despite this drop, Cupid has shown strong performance over the long term, with a year-to-date return of 41.93% and a one-year return of 20.25%, significantly outperforming the BSE500 index. However, there has been a decline in investor participation, with delivery volume falling by 8.34% compared to the five-day average, which may contribute to the recent price decline.
In the broader market context, Cupid's short-term performance over the past week shows a gain of 3.96%, which is notably higher than the Sensex's increase of 0.79%. This indicates that while the stock is currently experiencing a pullback, it has been outperforming the market in the short term. The company's low debt-to-equity ratio and strong long-term performance further support its position, suggesting that the recent decline may be a temporary adjustment rather than a reflection of underlying weaknesses. Overall, while Cupid Ltd is facing a short-term decline, its long-term prospects remain robust.