Why is Cupid falling/rising?

As of 20-Aug, Cupid Ltd's stock price is currently at Rs 166.65, reflecting a decrease of Rs 5.1 or 2.97%. The stock has been underperforming recently, having fallen for the last two consecutive days with a total decline of 3.03%. Today's performance indicates that it has underperformed its sector by 2.22%, and it is currently 3.87% away from its 52-week high of Rs 173.1. Despite a strong year-to-date return of 119.83% and consistent performance over the past three years, the recent decline may be attributed to falling investor participation, as evidenced by a 16.6% drop in delivery volume compared to the five-day average.
Broader market context shows that Cupid Ltd's short-term performance has lagged behind the benchmark, with a 1-week return of -0.63% compared to the Sensex's gain of 1.64%. This underperformance in the short term contrasts sharply with its impressive long-term returns, which have significantly outpaced the broader market over the past year and three years. The company maintains a low debt-to-equity ratio and reported strong financial results in June, which could indicate underlying strength; however, the recent price movement suggests that current market sentiment may be weighing on the stock.