Archive · 8 Oct 2026
Cupid Shares Hit Record as Rally Continues Amid Strong Results
Cupid makes condoms, lubricants, diagnostic kits and other products.
Its shares have climbed sharply and reached a new record high.
The article says the stock gained 285% in six months.
Cupid reported much higher profit and income in the June quarter of FY27 than a year earlier.
Its profit was Rs 44.15 crore, and its operating earnings also increased.
The company’s chairman bought more shares last month.
Analysts see signs of strength in the stock, but they highlighted different price levels and cautioned about managing risk.
One analyst said the stock looked overheated, while another said a continued rise could be possible if key levels hold.
Cupid shares reached a fresh record high after gaining 285% in six months.
Chairman and managing director Aditya Kumar Halwasiya bought 590,304 shares last month.
Cupid’s Q1 FY27 net profit rose 194% year-on-year to Rs 44.15 crore.
Total income grew 142% to Rs 156.98 crore, while EBITDA rose 265% to Rs 60.06 crore.
Analysts cited different support and resistance levels, with one warning that the stock appeared overheated.
- Who
- Cupid and its chairman and managing director, Aditya Kumar Halwasiya; technical analysts also commented on the stock.
- What
- Cupid shares reached a fresh record high after rising 285% in six months; the company also reported strong Q1 FY27 results.
- When
- The article reports the stock’s recent record and Q1 FY27 results for the June quarter. Halwasiya’s share purchase occurred last month.
- Where
- The stock and company are discussed in the context of the Indian market.
- Why
- The article points to strong earnings growth and positive share momentum; it does not establish a single cause for the record high.
Cautious technical view
Bullish technical view
Near-term stock outlook
Cautious technical view
Osho Krishan said the stock appears overheated and advised disciplined profit-trailing while the uptrend holds.
Bullish technical view
Virat Jagad described a bullish setup after a breakout, while Jigar S. Patel said a move above Rs 350 could open the way to Rs 360.
Important price levels
Cautious technical view
Krishan identified Rs 270–280 as strong support; Patel also identified support at Rs 320 and said the stock may trade between Rs 320 and Rs 360 in the short term.
Bullish technical view
Jagad said holding above Rs 330–335 could support further upside.
- Six-month share gain
- 285%
- Q1 FY27 net profit
- Rs 44.15 crore, up 194% year-on-year
- Q1 FY27 total income
- Rs 156.98 crore, up 142% year-on-year
- Q1 FY27 EBITDA
- Rs 60.06 crore, up 265% year-on-year
- Q1 FY27 EBITDA margin
- 39%, compared with 28% in Q1 FY26
- Promoter shareholding after purchase
- 47.66% for the promoter and promoter group
- Chairman’s additional purchase
- Aditya Kumar Halwasiya acquired 590,304 shares, equal to 0.04% of Cupid’s equity