Why is Cupid falling/rising?

As of 23-Oct, Cupid Ltd's stock price is currently at Rs 240.75, reflecting a decline of Rs 9.95 or 3.97%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 4.63% during this period. Today's trading activity indicates that the stock touched an intraday low of Rs 238.2, and the volume traded was significantly lower than the average, suggesting a decrease in investor participation. Despite a strong performance over the past year, with a return of 213.72%, the stock has recently underperformed the sector by 1.4% and the broader market, as indicated by the Sensex's gain of 1.30% over the past week. In the broader market context, Cupid Ltd's recent decline contrasts sharply with its impressive long-term performance, where it has achieved a staggering 2009.99% return over the past three years. However, in the short term, the stock's performance has lagged behind the benchmark, which may be contributing to the current downward pressure. The rubber products sector, in which Cupid operates, has also seen a decline of 2.55%, further impacting investor sentiment. Despite the company's solid fundamentals, including a low debt-to-equity ratio and strong quarterly results, the recent negative price movement suggests that market conditions and sector performance are currently weighing on Cupid's stock price.