Cupid Hits Fresh 52-Week High on Rs 128 Crore Block Deal Cupid Ltd shares surged to a new 52-week high of Rs 212.75 on the National Stock Exchange (NSE) on Monday, climbing 8% following a significant Rs 128 crore block deal. According to exchange data, approximately 60.8 lakh shares—nearly 2.3% of the company’s outstanding equity—were traded in a single transaction valued at around Rs 127.5 crore. The identities of the buyer and seller in the deal were not disclosed. The company also announced its expectation of exceeding Rs 150 crore in revenue for the June quarter, marking one of its strongest quarterly performances to date. This optimism led Cupid to revise its full-year FY27 revenue guidance upward by at least 10%, now projecting a target of Rs 660 crore compared to its previous goal of Rs 600 crore. The enhanced outlook was attributed to expanding opportunities in international B2B healthcare markets, driven by demand from institutional buyers, private customers, and government procurement programs. A key factor cited by Cupid was its upcoming supply agreement with the Partnership for Supply Chain Management in the Netherlands, which is expected to bolster its position in global healthcare procurement. Domestically, the company highlighted potential growth in its lubricants business and continued expansion of its personal care and wellness products across retail, pharmacy, and modern trade channels in India. This milestone comes as part of a broader upward trend for Cupid’s stock. According to NSE data, the stock has risen 55.16% in the past month and gained nearly 878% over the past year, positioning it as a standout performer in the small-cap personal care sector. At 15:11 pm, Cupid shares were trading at Rs 213.42, up 7.33% for the day, maintaining their gains through the afternoon session.#netherlands #national_stock_exchange #cupid_ltd #partnership_for_supply_chain_management
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
Cupid Shares Surge Over 15% Amid Bonus Share Announcement Shares of Cupid Ltd., India’s leading condom manufacturer, surged nearly 15% on Monday, March 9, as the stock began trading ex-bonus in a 4:1 ratio. The company’s shares hit an intraday high of ₹92.90 on the National Stock Exchange (NSE) and climbed to ₹91 on the BSE, outperforming the NIFTY50 index, which fell 2.3% during the session. The rally followed the announcement of a bonus share issuance, which rewards existing shareholders by granting four additional shares for every one held on the record date. Cupid disclosed in a regulatory filing that the bonus shares would be allotted on March 10, 2026, with the deemed date of allotment set for the next working day. The company stated that shareholders would receive 107,57,28,560 fully paid-up equity shares of ₹1 each, distributed in a 4:1 ratio. Analysts noted that such bonus share offerings are a common strategy to boost shareholder value and incentivize long-term investment. The stock’s sharp rise coincided with a spike in trading volume, with 4.97 crore shares exchanged on the NSE—11 times the average of 43.64 lakh shares in the past two weeks. On the BSE, trading volume reached 61.12 lakh shares, compared to an average of 2.36 lakh shares daily. The increased activity reflects heightened investor interest in the company’s equity following the bonus announcement. Cupid also announced the resignation of independent director Smeeta Bhatkal, effective from March 2, 2026, citing full-time professional commitments. Her departure means she will no longer serve on the company’s Audit Committee. This development, while separate from the stock’s performance, adds context to the company’s corporate governance dynamics.#nifty50 #bse #national_stock_exchange #cupid_ltd #smeta_bhatkal
