Archive · 22 Sep 2026
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.
Promoter Halwasiya acquired 15 lakh Cupid shares through an open-market transaction on September 9.
Halwasiya’s personal holding rose to 33.80%, while promoter-group ownership reached 46.75%.
Cupid shares rose 2% to Rs 256.50 in early trading, valuing the company at Rs 34,147 crore.
The stock gained 210% in six months, 1,339% in two years and 6,193% in three years.
Cupid manufactures condoms, water-based lubricants, in-vitro diagnostic kits and consumer healthcare products.
- Who
- Cupid and promoter Halwasiya.
- What
- The promoter bought additional Cupid shares, followed by a rise in the stock price.
- When
- The reported open-market purchase occurred on September 9; the share-price movement was reported in early trading afterward.
- Why
- The articles report the purchase and price movement but do not state the promoter’s reason for buying.
- 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.