Why is Cupid falling/rising?

As of 18-Sep, Cupid Ltd's stock price is currently at Rs 207.00, reflecting a decrease of Rs 1.3 or 0.62%. The stock is trading 2.83% away from its 52-week high of Rs 212.85 and is performing in line with its sector. Despite this decline, Cupid has shown strong performance over various periods, with a 20.45% increase over the past month and an impressive 173.05% year-to-date return. The company has reported positive financial results, including record net sales and profitability in the latest quarter, and has consistently outperformed the BSE500 index over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 9.72% against the five-day average, which may contribute to the recent price movement.
In the broader market context, Cupid's short-term return of 2.99% over the past week outpaces the Sensex's return of 1.80%, indicating that the stock has been performing well relative to the benchmark. This strong performance is juxtaposed with the current price decline, suggesting that while the stock has had a robust trajectory, recent trading activity may reflect a temporary pullback rather than a fundamental weakness. The liquidity of the stock remains adequate for trading, which could help stabilize its price in the face of fluctuating investor interest.