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Cupid rises on executing agreement worth Rs 13.58 crore with PSI India

18 May 2016 Evaluate

Cupid is currently trading at Rs. 317.70, up by 6.20 points or 1.99% from its previous closing of Rs. 311.50 on the BSE.

The scrip opened at Rs. 317.70 and has touched a high and low of Rs. 317.70 and Rs. 317.70 respectively. So far 7,363 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 507.00 on 08-Dec-2015 and a 52 week low of Rs. 67.05 on 11-Jun-2015.

Last one week high and low of the scrip stood at Rs. 317.70 and Rs. 293.70 respectively. The current market cap of the company is Rs. 353.12 crore.

The promoters holding in the company stood at 48.46% while Institutions and Non-Institutions held 0.12% and 51.41% respectively.

Cupid, one of India’s leading manufacturer of quality male and female condoms, has executed agreement worth Rs 13.58 crore with PSI India. As per the terms of agreement, Cupid is required to supply 83.5 million units of male condoms (under ‘MASTI’ brand) to distribute in India.

Population Services International (PSI) is a global health organization dedicated to improving the health of people in the developing world by focusing on serious challenges like a lack of family planning, HIV and AIDS, barriers to maternal health etc. The organization is headquartered in Washington DC and currently runs its programs in over 69 countries.

Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental dams and probe covers. The company exports to over 26 countries and derives around 80% of its revenues through exports.


Cupid Share Price

102.68 7.18 (7.52%)
17-Apr-2026 16:59 View Price Chart
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