Cupid shines on reporting over 4-fold jump in Q3 net profit

31 Jan 2023 Evaluate

Cupid is currently trading at Rs. 277.25, up by 10.50 points or 3.94% from its previous closing of Rs. 266.75 on the BSE.

The scrip opened at Rs. 278.75 and has touched a high and low of Rs. 279.15 and Rs. 270.85 respectively. So far 14687 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 353.70 on 05-May-2022 and a 52 week low of Rs. 192.05 on 24-Feb-2022.

Last one week high and low of the scrip stood at Rs. 279.15 and Rs. 250.00 respectively. The current market cap of the company is Rs. 369.80 crore.

The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.58% and 54.35% respectively.

Cupid has reported results for third quarter ended December 31, 2022.

The company has reported over 4-fold jump in its net profit at Rs 10.03 crore for Q3FY23 as compared to Rs 2.49 crore for the corresponding quarter previous year. Total income of the company increased by 16.05% to Rs 42.92 crore for the quarter under review as compared to Rs 36.98 crore for the same quarter in the previous year.

Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental dams and probe covers. Cupid has a diverse product basket available in many countries worldwide.

Cupid Share Price

2430.45 76.30 (3.24%)
28-Mar-2024 16:01 View Price Chart
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