share is rising primarily due to strong business growth

Cupid Ltd. share is rising primarily due to strong business growth, repeated upward revisions to FY27 financial guidance, and increased investor interest. On October 9, 2026, the stock hit a fresh 52-week high of ₹368 after the company raised its FY27 targets for the second time in less than two weeks, aiming for revenue of ₹800 crore and net profit of ₹250 crore. Earlier, its Q1 FY27 performance was strong, with revenue rising to ₹154.7 crore from ₹59.8 crore and net profit increasing to ₹44.1 crore from ₹15 crore year-on-year, supported by export demand, institutional orders and improved pricing. Another positive catalyst is Cupid’s inclusion in the Nifty Smallcap 250 index, which may attract passive fund inflows. However, after a sharp rally, investors should monitor whether earnings growth supports the stock’s valuation, as profit-booking and volatility remain possible.