Cupid shares rally 16% in two sessions. What’s behind the sharp uptick in the multibagger stock?
Cupid shares surged 7% after entering the Nifty Smallcap 250 index, extending gains to 16% in two sessions. The company has raised FY27 revenue and profit guidance following strong quarterly growth. Nuvama estimates around $10 million in potential inflows, while Cupid targets continued expansion across healthcare exports and consumer businesses.
Cupid shares surged 16% over two trading sessions following the firm's inclusion in the Nifty Smallcap 250 index. The multibagger stock saw a 7% rise to Rs 307 on the NSE on Wednesday, marking a 16% increase in just two days. Cupid has been a standout performer this year, with shares leaping 250% over the past six months and 180% since the start of the year. The stock rally comes after the company boosted its FY27 revenue and net profit guidance after reporting robust growth in the June quarter.
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