Why is Cupid falling/rising?

As of 14-Aug, Cupid Ltd's stock price is currently at Rs 167.95, reflecting a slight increase of 0.25 (0.15%). The stock has been gaining for the last three days, with a total return of 1.88% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company reported its highest quarterly net sales and profits in June, contributing to a strong performance over the past year, with a return of 69.70%. However, there has been a notable decline in investor participation, as the delivery volume has decreased by 43.86% compared to the 5-day average, which may raise concerns about the stock's momentum.
In the broader market context, Cupid Ltd's performance over the past week shows a decline of 0.62%, while the Sensex has only decreased by 0.03%, indicating that the stock has underperformed relative to the benchmark in the short term. However, over the past month, Cupid has significantly outperformed the Sensex, with a return of 32.98% compared to the benchmark's decline of 2.01%. This strong performance over a longer timeframe, including a year-to-date return of 121.54%, suggests that while there may be short-term fluctuations, the overall trend for Cupid Ltd remains positive against the broader market.