Why is Cupid falling/rising?

As of 29-Aug, Cupid Ltd's stock price is currently at Rs 172.15, reflecting a slight increase of 0.35 (0.2%). The stock has been gaining for the last two days, with a total return of 1.23% during this period. It is trading close to its 52-week high, just 1.07% away from Rs 174. Despite this positive movement, the stock has underperformed its sector by 0.88% today, and there has been a significant drop in investor participation, with delivery volume falling by 51.67% compared to the 5-day average. However, Cupid Ltd has shown impressive returns over various periods, including a 127.08% increase year-to-date and a remarkable 1477.19% increase over the last three years. The company also boasts a low debt-to-equity ratio and has reported strong financial results, with significant growth in profit before and after tax in the latest quarter.
In the broader market context, Cupid Ltd's performance stands out as it has outperformed the Sensex, which has declined by 1.84% over the past week and 1.88% over the past month. While the stock has shown resilience with a 14.16% increase over the last month, the overall market sentiment appears to be negative, as indicated by the benchmark's performance. This contrast highlights Cupid's strong fundamentals and consistent returns, which have allowed it to thrive even as the broader market struggles.