Shares of healthcare products manufacturer Cupid Ltd fell nearly 20 per cent on Monday, January 5, 2025, extending losses for the second consecutive day. The stock opened gap down with a fall of 18.56 per cent today at Rs 342 against the previous close of Rs 419.95 on the BSE. The scrip dipped further to hit an intraday low of Rs 337.55. The stock has been losing for the last two days and has fallen 22.79 per cent in the period. However, the counter tried to bounce back amid firm buying and last seen, it was trading at Rs 373. The market cap of the company stood at Rs 10,013.82 crore. Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 1 (ST ASM-1) framework.
On the National Stock Exchange (NSE), the stock began the trading session at Rs 341 and later touched an intraday high of Rs 408 and a low of Rs 337.10, respectively.
The stock has a 52-week high of Rs 527.40, hit on January 2, 2026. The 52-week low of the counter is Rs 50.
The stock has been highly volatile today with an intraday volatility of 14.46 per cent, and it trades higher than the 50-day, 100-day and 200-day moving averages but lower than the 5-day and 20-day moving averages.
Earlier, the company had reported over two-fold increase in its net profit to Rs 24 crore for the second quarter ended September 30.
Share price history
According to BSE Analytics, shares of the company have yielded a positive return of 2,557 per cent in three years and 466 per cent in two years. In one year, it has gained 366.77 per cent. However, the stock has corrected 29.08 per cent on a year-to-date (YTD) basis as compared to the gain of 0.56 per cent by the benchmark index.
Cupid Q2 net profit
Earlier, the company had reported an over two-fold increase in its net profit to Rs 24 crore for the second quarter ended September 30. The company had reported a net profit of Rs 10 crore in the July-September quarter of last year.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
