Cupid Ltd Shares Surge 15% on Bonus Issue, Trading Volume Jumps 35 Times Average Shares of Cupid Ltd surged during Monday’s trading session, with the stock climbing nearly 13% to reach an intraday high of Rs 92.90 on the NSE. On the BSE, the stock rose as much as 15% amid heightened buying interest. The rally followed the company’s shares beginning to trade ex-bonus, which triggered a sharp increase in demand. The stock’s upward movement was driven by the 4:1 bonus share issue, which adjusted the share price to reflect the additional shares issued to existing shareholders. Ex-bonus trading often leads to increased liquidity and investor participation, as the per-share price becomes lower. This adjustment made the stock appear more affordable, attracting traders and boosting volume. Trading volumes for Cupid Ltd spiked significantly, with the NSE reporting 4.97 crore shares traded, a 34.57x increase compared to the 2-week average of 43.64 lakh shares on the BSE. The surge in activity was attributed to the ex-bonus status, which typically encourages higher participation. The stock’s performance also reflected strong quarterly results, as the company’s financials showed substantial growth. Cupid Ltd reported revenue from operations of Rs 93.51 crore in Q3 FY26, up 101.7% year-on-year from Rs 46.35 crore in Q3 FY25. Total income reached Rs 104.40 crore, compared to Rs 50.76 crore in the same period last year. Net profit after tax rose to Rs 32.87 crore, a 196.6% increase from Rs 11.08 crore in Q3 FY25. Basic and diluted earnings per share (EPS) were Rs 1.22, up from Rs 0.41 in the prior-year quarter. The company’s market capitalization stands at around Rs 12,331 crore, with minimal debt. Financial metrics include a return on capital employed (ROCE) of 17.1% and a return on equity (ROE) of 12.9%.#bse #nse #cupid_ltd #bonus_issue #q3_fy26
