Archive · 2 Jan 2026
Cupid Shares Plunge 20%, Ending 13-Day Rally
Cupid Ltd's shares dropped by 20% on Friday, ending a 13-day winning streak.
Despite this, the stock is still up over 454% in the past year.
The stock exchanges BSE and NSE have put Cupid's shares under special watch due to high volatility.
The company plans to open a new factory in Saudi Arabia to expand its business overseas.
The reason for the sudden drop is not clear, but it might be due to market speculation.
Investors are waiting for more information from the company.
Cupid Ltd shares fell 20% on Friday, snapping a 13-session rally.
Stock is still up 454.46% over the past year.
BSE and NSE placed Cupid's securities under long-term ASM framework.
Company plans to set up first international FMCG manufacturing facility in KSA.
No official explanation for the sudden decline, possibly due to speculative trading.
- Who
- Cupid Ltd, BSE, NSE, Investors
- What
- Sharp decline in Cupid shares, placement under ASM framework, planned FMCG facility in KSA
- When
- Friday, January 2
- Where
- India, Saudi Arabia (KSA)
- Why
- Unexplained market pressures, speculative trading, ASM framework placement
- Current Share Price
- Rs 419.95
- Yearly Return
- 454.46%
- New Facility Location
- Kingdom of Saudi Arabia (KSA)
- P/E Ratio
- 182.59/182.76
- P/B Value
- 35.17
- EPS
- 2.30/2.30
- RoE
- 19.26%
- Beta
- 0.74
