Why is Cupid falling/rising?

As of 21-Jul, Cupid Ltd's stock price is currently at 145.90, reflecting a decrease of 0.95, or 0.65%. Despite this decline, the stock has shown impressive performance over various periods, including a 56.88% increase over the past month and a remarkable 92.45% rise year-to-date. Today's price summary indicates that Cupid hit a new 52-week high of Rs.152 earlier, but has experienced a trend reversal after two consecutive days of gains. The stock is trading above all key moving averages, and there has been a significant increase in investor participation, with delivery volume rising by 128.58% against the five-day average. Additionally, the company maintains a low debt-to-equity ratio and has consistently outperformed the BSE500 over the last three years, contributing to its strong returns.
In the broader market context, Cupid's short-term performance stands in stark contrast to the benchmark Sensex, which has seen negligible movement with a 0.06% decline over the past week. While Cupid's stock has risen by 15.52% in the same timeframe, the overall market has not shown similar strength. This divergence highlights Cupid's strong position relative to the broader market, suggesting that investor sentiment remains positive despite the recent price drop.