2 hrs ago

Cupid Shares Rise After Promoter Buys 41 Lakh Shares

Cupid is a company that makes condoms, lubricants and some medical products.

A promoter, or major company owner, bought more of its shares.

The article’s headline says 41 lakh shares were bought, while the detailed report specifically mentions 15 lakh shares bought on September 9.

After the purchase, the promoter group owned 46.75% of the company.

Cupid’s share price rose about 2% in early trading.

The shares have risen sharply over the past several years.

They were up 210% in six months and 6,193% in three years.

The company’s shares closed at Rs 251.25 on Monday.

Key facts

Promoter purchase: The headline reports 41 lakh shares bought; the article details a September 9 purchase of 15 lakh shares.
Personal holding: Halwasiya’s shareholding increased to 33.80%.
Promoter-group holding: Aggregate promoter and promoter-group ownership rose to 46.75%.
Early trading price: Cupid shares rose 2% to Rs 256.50.
Market capitalization: The company’s market capitalization stood at Rs 34,147 crore.
Recent performance: The stock gained 210% in six months, 1,339% in two years and 6,193% in three years.
Previous close: Cupid shares closed at Rs 251.25 on Monday.

businesstoday.in · 6 hrs ago