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525% rally in one year! Multibagger stock CUPID extends rally for second day in a row - Mint
525% rally in one year! Multibagger stock CUPID extends rally for second day in a rowMint
Cupid shares plunge 6% after 15% rally over two days: What lies ahead?
Cupid shares experienced a dip on Wednesday after a two-day rally that drove the stock 15% higher after the company's 4:1 bonus issue. In January this year, Cupid announced its board of directors had approved the issue of bonus shares in the ratio of 4:1. The company had set March 9 as the record date to determine the eligibility of shareholders to receive the bonus shares.
Cupid stock soars nearly 5% on allotting 4:1 bonus shares today; check details - Upstox
Cupid stock soars nearly 5% on allotting 4:1 bonus shares today; check detailsUpstox
Cupid shares jump 19% in two days after bonus issue. What's behind the rally?
Condom-maker Cupid's shares surged 5% on Tuesday, extending this week's gains to 19% following its 4:1 bonus issue. The bonus shares are expected to be allotted today, making the stock more accessible to retail investors. The company also reported strong Q3 FY26 results with a 196% year-on-year net profit increase.
Cupid Share Price Surges After Bonus Issue
Cupid shares, which were trading near Rs 400 last week, have seen their headline price drop sharply after the company's 4:1 bonus issue took effect.
Cupid among 5 stocks showing bullish RSI upswing
Five NSE-listed companies with market capitalisation above Rs 10,000 crore, including Cupid and Reliance Industries, have shown a bullish Relative Strength Index (RSI) crossover above the 50 mark, according to StockEdge data. The move signals strengthening price momentum and may indicate potential buying opportunities for traders tracking technical indicators.
Cupid shares rally nearly 15%, here is why the stock is surging in a listless session - Upstox
Cupid shares rally nearly 15%, here is why the stock is surging in a listless sessionUpstox
Bonus issue alert: Did Cupid shares really crash 80%? Here's why you should ignore the massive plunge
Cupid Limited shares appeared to crash nearly 80% after adjusting for a 4:1 bonus issue, but actually rose over 15%. The stock opened at Rs 82 and rallied to Rs 92.90, despite the broader market decline. This corporate action, while adjusting the per-share price, does not alter the total value of shareholders' holdings.
Cupid shares hit fresh 52-week high, stock up nearly 17% on Q1 business updates
Over the last three months, Cupid shares have surged 144%, while it has rallied 939% in the past one year.
Cupid shares fall 5.5% in two days after rallying 500% in one year post-Q4 results: Should you buy, sell or hold?
The stock declined 5.04 per cent or Rs 6.09 to trade at Rs 114.75 on the NSE. Even after the Tuesday tumble, the stock still rallied over 500 percent in the last one year.
Stocks to Watch Today: Kotak Bank, KPIT Tech, Waterways Leisure, Advit Jewels, Genus Power, Ivalue Info, Cupid, RailTel, Rane Madras in focus on 01 July
Stocks to Watch, 01 Jul: Stocks like KPIT Technologies, Cupid, Hexagon Nutrition, Kotak Mahindra Bank, RailTel Corporation of India, Tata Communications, Rane Madras, RHI SRF, Genus Power Infrastructures, Indo Tech Transformers, Ivalue Infosolutions, and Axiscades Technologies will be in focus on July 1.