Why is Cupid falling/rising?

As of 19-Sep, Cupid Ltd's stock price is currently at Rs. 214.80, reflecting an increase of Rs. 7.8 or 3.77%. The stock has reached a new 52-week high of Rs. 215.95 today, outperforming its sector by 1.42%. Over the past week, Cupid has shown a return of 7.94%, and its year-to-date performance stands at an impressive 183.34%. The company has demonstrated strong financial results, with significant growth in PBT and PAT in the latest quarter, contributing to its consistent returns over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 76.65% compared to the 5-day average, which could indicate a potential concern for future trading activity. In the broader market context, Cupid's short-term performance has significantly outpaced the Sensex, which has only gained 0.88% over the past week. The stock's robust returns, particularly its 25.07% increase over the past month and 154.50% over the last year, highlight its strong position relative to the market. The rubber products sector has also seen a gain of 2.4%, further supporting Cupid's upward movement. Overall, while the stock is performing well, the drop in delivery volume may suggest caution among investors, despite the positive financial indicators and market performance.