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Prachi Mehta

30th Dec · SEBI-Registered Analyst

Update for investors of
CUPID

CUPID
is currently trading at Rs. 488.60, up by 2.10 points or 0.43% from its previous closing of Rs. 486.50 on the BSE. The scrip opened at Rs. 489.10 and has touched a high and low of Rs. 498.30 and Rs. 485.85 respectively. So far 98013 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 498.30 on 30-Dec-2025 and a 52 week low of Rs. 50.00 on 07-Apr-2025. Last one week high and low of the scrip stood at Rs. 498.30 and Rs. 461.20 respectively. The current market cap of the company is Rs. 13060.93 crore. The promoters holding in the company stood at 45.55%, while Institutions and Non-Institutions held 2.89% and 51.56% respectively. Cupid has received Board’s in-principle approval to setup a new FMCG manufacturing facility in the Kingdom of Saudi Arabia (KSA). This will be the company’s first manufacturing plant outside India, marking an important step in its international expansion journey. The proposed facility is aimed at supporting the company’s FMCG growth strategy and strengthening its presence in overseas markets, beginning with the Gulf Cooperation Council (GCC) region. The plant is expected to enhance regional supply capabilities, improve speed to market, and ensure better product availability across KSA and other GCC countries. The project is proposed to be funded through the company’s internal accruals and will be taken forward after completing detailed evaluations and obtaining necessary regulatory and statutory approvals. Cupid manufactures and markets varieties of male and female condoms, water-based lubricant, latex dental dams and probe covers. The company has a diverse product basket available in many countries worldwide.

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