Cupid trades higher on securing order from United Nations Population Fund
Cupid is currently trading at Rs. 232.95, up by 2.50 points or 1.08% from its previous closing of Rs. 230.45 on the BSE.
The scrip opened at Rs. 232.70 and has touched a high and low of Rs. 234.65 and Rs. 232.70 respectively. So far 237 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. 232.45 and Rs. 228.50 respectively. The current market cap of the company is Rs. 310.44 crore.
The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.59% and 54.35% respectively.
Cupid has secured purchase order from United Nations Population Fund (UNFPA) for supply of Male Condoms and water Based Lubricant worth around Rs 3.72 crore. The said order is to be executed by January 23, 2023. Earlier, the company had received a purchase order worth around Rs 8.19 crore.
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.
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