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Cupid shares jump 6%, stock skyrockets 900% in one year. Should you buy now?
Cupid shares extended their rally after the company reaffirmed strong growth momentum, guided for Q1FY27 revenue of over Rs 150 crore and raised its full-year revenue outlook. Supported by expanding global opportunities and improving business visibility, the multibagger stock has delivered exceptional returns over the past few years.
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-end
Indian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's petroleum product export share. The company's capacity will reach 98.05 million metric tonnes per annum. This expansion will strengthen India's position as a global refining hub. Increased exports will also boost the nation's foreign exchange earnings.
Cupid rebounds 6% after sharp fall as upgraded FY27 guidance boosts sentiment
Cupid shares rebounded nearly 6% after a sharp correction in the previous session, as investors turned positive following the company’s upgraded FY27 revenue guidance of Rs 660 crore. Strong Q1 momentum, a robust order book, expanding global opportunities, and growth across healthcare, personal care, and wellness businesses helped revive sentiment toward the stock.
Government starts industry consultations on next phase of food processing PLI
The government is planning an expanded Production-Linked Incentive Scheme for the food processing sector. Consultations were held with industry stakeholders to design the next phase of fiscal support. The upcoming policy aims to boost domestic manufacturing and global competitiveness. It will focus on innovation, value addition, and farmer benefits. Working groups will address perceptions and promote the sector's growth.
Multibagger Cupid shares rally 19% in 6 days after Q1 update, skyrocket 940% in one year. What lies ahead?
Cupid shares climbed significantly after a positive business update for the April-June quarter. The company raised its FY27 revenue guidance to over Rs 660 crore. This upward revision reflects strong performance and expanding global opportunities. Cupid's management highlighted diversification and growth across multiple business verticals. The company also noted steady progress in its In Vitro Diagnostics business segment.
Stocks in news: RIL, Trent, Titan, Cochin Shipyard, Nestle, Indian Oil
Markets extended their winning streak on Monday, supported by encouraging quarterly business updates. Reliance Industries received an administrative warning from Sebi regarding insider trading allegations. Trent and Titan reported strong revenue growth in their respective June quarter results. The government will sell a stake in Cochin Shipyard through an offer for sale. Nestle announced the establishment of a new Global Capability Center in Hyderabad.
NTPC gets into action to develop mega PWR-based nuclear projects
NTPC plans to develop nuclear power capacity using pressurised water reactor technology. Global consultants are invited to prepare tender documents and evaluate bids. This initiative follows the promulgation of the SHANTI Act, allowing private sector participation. NTPC aims to build thirty gigawatts of nuclear capacity on its own. The company is also exploring tie-ups with Rosatom and EDF for PWR projects.
India's growth story 'remains intact', bets on rising consumer aspirations for future growth: Dabur
Dabur India sees its growth story remaining intact despite global uncertainties. Rising consumer aspirations and strong domestic demand fuel the company's future expansion plans. The FMCG major reported a five percent revenue growth and profit increase for the fiscal. Dabur is investing in new facilities and premium offerings to attract younger consumers.
India's biggest AI opportunity lies in enterprise applications: Gopal Jain
India is well positioned to become a global hub for AI applications and enterprise AI services, according to Gopal Jain, MD & CEO of Gaja Alternative Asset Management. He said the country has strong AI talent and can play a larger role across the AI value chain over time. Jain added that patient domestic private equity capital will be essential to build foundational AI technologies, while greater awareness and access are needed to expand India's alternative investment industry. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Cupid shares jump 6%, extend rally to 11% in one week as company raises FY27 revenue guidance after strong Q1 biz update
Cupid shares rose sharply on Monday, extending their one-week rally to over 11%, after the company raised its FY27 revenue guidance by at least 10%. The company expects first-quarter revenue to exceed Rs 150 crore, backed by strong order visibility, expanding global opportunities and improved market visibility.
Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree Energies
Indian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank and YES Bank. Analysts note a technical breakout, though resistance looms. Several companies, including Dabur India and Vedanta Power, reported positive quarterly updates, while Tata Power withdrew a controversial distribution application. ONGC's leadership eligibility criteria have also been broadened.
Radico Khaitan eyes 20 pc volume growth in premium portfolio in FY27
Radico Khaitan anticipates a robust 20% growth in its premium spirits segment this fiscal year, alongside a 120 basis point margin expansion. The company is capitalising on the rising popularity of white spirits, particularly vodka, and aims to expand its luxury portfolio. With strong sales in FY26, Radico Khaitan is strategically focusing on innovation and global market penetration for its Indian brands.