Cupid edges higher on reporting 85% rise in Q2 net profit

15 Nov 2022 Evaluate

Cupid is currently trading at Rs. 250.90, up by 0.20 points or 0.08% from its previous closing of Rs. 250.70 on the BSE.

The scrip opened at Rs. 263.35 and has touched a high and low of Rs. 264.05 and Rs. 248.55 respectively. So far 29267 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. 264.05 and Rs. 229.65 respectively. The current market cap of the company is Rs. 334.78 crore.

The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.59% and 54.35% respectively.

Cupid reported results for second quarter ended September 30, 2022.

The company has reported rise of 84.52% in its net profit at Rs 8.58 crore for Q2FY23 as compared to Rs 4.65 crore for the corresponding quarter previous year. Total income of the company increased by 35.56% to Rs 46.20 crore for the quarter under review as compared to Rs 34.08 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

80.71 1.24 (1.56%)
31-Oct-2024 16:01 View Price Chart
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