Why is Cupid falling/rising?

As of 19-Aug, Cupid Ltd's stock price is currently at Rs 171.75, reflecting a slight decline of 0.1 (-0.06%). The stock has recently experienced a trend reversal, falling after four consecutive days of gains. Despite this minor drop, Cupid's performance remains strong, as it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has shown impressive returns, with a 126.55% increase year-to-date and a 77.45% rise over the past year, outperforming the BSE500 in each of the last three annual periods. Additionally, the company reported its highest quarterly net sales and profits in June, contributing positively to investor sentiment.
Broader Market Context: In comparison to the benchmark, Cupid Ltd has outperformed the Sensex significantly over various periods, including a 3.78% increase over the past week versus the Sensex's 1.76% rise. This strong performance indicates that while the stock has experienced a minor decline today, it is part of a broader trend of substantial growth. The rising investor participation, evidenced by a 17.23% increase in delivery volume, suggests continued interest in the stock, which may help stabilize its price in the face of today's slight downturn.