Multibagger Penny Stock Transforms ₹1 Lakh into ₹87 Lakh in Five Years Cupid, a penny stock that once traded at ₹2.43 per share in July 2021, has surged to ₹213 on the National Stock Exchange (NSE), delivering extraordinary returns to investors. Over the past five years, the stock has grown more than 8,664.61%, turning an initial investment of ₹1 lakh into approximately ₹87 lakh. Similarly, a ₹1 lakh investment made three years ago would now be valued at around ₹84 lakh, while a one-month investment would have grown to ₹1.33 lakh. For the year-to-date, the stock has delivered 2.02 lakh from a ₹1 lakh investment. The stock’s performance has been remarkable despite broader market volatility. In the past month, Cupid shares gained 41.43%, and in the last week, they rose 7%. Year-over-year, the stock has surged 103%, with a 871.62% gain in the past year. This growth has positioned Cupid as a standout performer in the Indian equity market, particularly during periods of geopolitical uncertainty and economic fluctuation. Cupid’s recent business update highlights its strong financial trajectory. In the first quarter of FY27, the company expects to report revenue exceeding ₹150 crore, marking one of its strongest quarterly performances to date. This growth is attributed to a robust start to the fiscal year and improved visibility in both domestic and international markets. The company has also revised its FY27 revenue outlook upward, projecting total revenue of over ₹660 crore—up from its earlier guidance of ₹600 crore. This represents a 10% increase, driven by a diversified business model, expanding global opportunities, and increased operational scale across multiple segments.#national_stock_exchange #cupid #indian_equity_market #in_vitro_diagnostics #fiscal_year_27
Market in red but condom-maker Cupid jumps 15%: Know why Sexual wellness brand Cupid's share price surged by 15% despite a broader stock market decline on Monday. The company announced a bonus issue in a 4:1 ratio, meaning shareholders will receive four additional shares for every existing share they hold as of the record date. The allotment date for the bonus shares is set for Tuesday, March 10. Bonus shares are distributed to existing shareholders at no cost, typically from retained earnings, as a reward for their investment. For example, a shareholder owning 1,000 shares of Cupid would receive 4,000 bonus shares, increasing their total holdings to 5,000 shares. At the time of the report, the stock was trading at ₹90.5, reflecting a 12.5% increase. Meanwhile, major Indian stock indices fell sharply on Monday. The Sensex dropped by nearly 2,400 points to 76,424, while the Nifty 50 declined over 700 points to 23,750. The market downturn was linked to rising crude oil prices, which are expected to strain the South Asian economy. Higher oil costs could impact growth, inflation, and import expenses for the world's third-largest oil importer.#sensex #nifty_50 #crude_oil #cupid #bonus_shares
