CUPID

Share Price: Stock nosedives 36% in two sessions; should you BUY?

Cupid Share Price: Shares of this personal care company and BSE Smallcap stock continued their free fall, declining 20 per cent for the second straight session on Monday (January 5), making a decline of 40 per cent in the intraday trades in two sessions. The stock in focus is Cupid Ltd. The second consecutive fall was triggered by the addition of the stock under Long-Term Additional Surveillance Measures (ASM LT). ASM is a surveillance system used by SEBI and Indian stock exchanges such as BSE and NSE to identify securities showing unusual volatility or price behaviour. The objective is to protect investors and maintain market integrity.