Cupid Ltd Share Price – NSE  / BSE

FMCG, Small Cap

Cupid has made the payment of Rs 82.88 crore, representing 25% of its total planned investment of Rs 331.53 crore in Baazar Style Retail (Style Baazar).

Pursuant to this, the Company has been allotted 1,01,00,000 warrants, convertible into equity shares of Style Baazar.

This investment provides Cupid with direct access to a large and rapidly expanding retail network of 260+ stores, significantly strengthening market access, shelf visibility, and last-mile reach for its FMCG product portfolio. The partnership enables immediate availability of Cupid's products across Style Baazar stores, enhancing in-store presence and consumer engagement from the outset.

The collaboration is also expected to support faster rollout of Cupid's expanded product portfolio, leveraging Style Baazar's strong store-level execution capabilities and consumer insights. This will enable deeper penetration across high-potential regional markets with improved speed and efficiency.

The stock had surged 15.42% over the previous two trading sessions. Despite the decline, Cupid remains up 10.60% over the past three months and has rallied 116.79% in the last six months.

The company recently announced a 4:1 bonus issue, under which shareholders received four additional shares for every one share held. The record date for determining eligible shareholders was 9 March 2026.

Cupid is an India's premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products. The company operates with a strong commitment to public health and well-being, maintaining ethical business practices aligned with international standards.

The company reported a 196.29% surge in consolidated net profit to Rs 32.83 crore, while revenue from operations jumped 101.70% YoY to Rs 93.49 crore in Q3 December 2025.

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Apollo Pipes Ltd, Wealth First Portfolio Managers Ltd, R Systems International Ltd and A-1 Ltd are among the other gainers in the BSE's 'B' group today, 09 March 2026.

Cupid Ltd soared 12.31% to Rs 90.3 at 09-Mar-2026 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 48.88 lakh shares were traded on the counter so far as against the average daily volumes of 2.92 lakh shares in the past one month.

Apollo Pipes Ltd spiked 11.73% to Rs 389.6. The stock was the second biggest gainer in 'B' group. On the BSE, 90472 shares were traded on the counter so far as against the average daily volumes of 47398 shares in the past one month.

Wealth First Portfolio Managers Ltd surged 10.55% to Rs 1006. The stock was the third biggest gainer in 'B' group. On the BSE, 70 shares were traded on the counter so far as against the average daily volumes of 122 shares in the past one month.

R Systems International Ltd exploded 10.02% to Rs 283.9. The stock was the fourth biggest gainer in 'B' group. On the BSE, 15.18 lakh shares were traded on the counter so far as against the average daily volumes of 7108 shares in the past one month.

A-1 Ltd advanced 9.96% to Rs 22.63. The stock was the fifth biggest gainer in 'B' group. On the BSE, 12.81 lakh shares were traded on the counter so far as against the average daily volumes of 15.55 lakh shares in the past one month.

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Cupid has fixed 09 March 2026 as record date for the purpose of ascertaining the eligibility of shareholders entitled for allotment of bonus equity shares in ratio of 4:1.

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