Why is Cupid falling/rising?

As of 30-Jul, Cupid Ltd's stock price is currently at 150.55, reflecting a decrease of 0.25, or 0.17%. The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite this decline, Cupid has shown strong performance over the past week, with a return of 2.41%, and an impressive 38.88% increase over the past month. The stock is currently trading close to its 52-week high, just 2.72% away from 154.65. However, it underperformed its sector by 0.54% today, and there has been a noticeable drop in investor participation, with delivery volume decreasing by 6.64% compared to the five-day average. The company maintains a low debt-to-equity ratio and has consistently generated returns, outperforming the BSE500 over the last three years.
In the broader market context, Cupid's recent performance contrasts sharply with the Sensex, which has declined by 1.50% over the past week and 2.54% over the past month. While Cupid's year-to-date return stands at an impressive 98.59%, the overall market has only seen a modest increase of 4.28%. This indicates that Cupid is not only performing well relative to its historical performance but is also significantly outperforming the broader market trends. The liquidity of the stock remains adequate, allowing for trades of substantial size, which may help stabilize its price despite the recent decline.