Archive · 5 Jan 2026
Cupid Share Price Crashes 20% for 2nd Day
Cupid Limited, a small-cap stock, saw its share price drop by 20% on January 5, 2024, marking the second day of significant declines.
The stock had already fallen by 20% on the previous trading day, leading to a total drop of 35% over two days.
The lowest price recorded was ₹337.55 on the BSE, just above the 20% lower price band of ₹336.
This sharp decline followed the decision by stock exchanges BSE and NSE to place Cupid under the Long-term Additional Surveillance Measure Stage 1 framework, which likely triggered the selling pressure.
Cupid Limited's share price crashed 20% on January 5, 2024, extending a two-day fall to 35%.
The stock hit a low of ₹337.55 on BSE, near the 20% lower price band of ₹336.
Selling pressure began after BSE and NSE placed Cupid under the Long-term Additional Surveillance Measure Stage 1 framework.
The stock closed at the 20% lower price band on Friday, January 4.
Cupid Limited is a small-cap multibagger stock.
- Who
- Cupid Limited
- What
- Share price crash
- When
- January 5, 2024 (second consecutive day)
- Where
- BSE and NSE
- Why
- Placement under Long-term Additional Surveillance Measure Stage 1 framework
- Stock
- Cupid Limited
- Price Drop
- 20% on January 5, 35% over two days
- Lowest Price
- ₹337.55 on BSE
- Previous Close
- ₹419.95
- Lower Price Band
- ₹336
- Framework
- Long-term Additional Surveillance Measure Stage 1
- Exchanges
- BSE and NSE