Cupid surges on securing orders worth Rs 13.90 crore
![Cupid surges on securing orders worth Rs 13.90 crore](https://portfolio.investmentguruindia.com/uploads/news/Pharma 107.jpg)
Cupid is currently trading at Rs. 70.92, up by 1.95 points or 2.83% from its previous closing of Rs. 68.97 on the BSE.
The scrip opened at Rs. 71.00 and has touched a high and low of Rs. 71.00 and Rs. 69.08 respectively. So far 7790 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 141.65 on 02-Mar-2024 and a 52 week low of Rs. 66.49 on 12-Feb-2025.
Last one week high and low of the scrip stood at Rs. 76.89 and Rs. 66.49 respectively. The current market cap of the company is Rs. 1883.57 crore.
The promoters holding in the company stood at 42.52%, while Institutions and Non-Institutions held 3.14% and 54.34% respectively.
Cupid has secured orders for supply of Female Condoms from Abafazi Healthcare Services, South Africa; United Nations Population Fund and Star Pharma lmportadora e Exportadora LTDA, Brazil. The total combined value of orders is approximately Rs 13.90 crore and to be executed by June, 2025.
Earlier, the company had received the prequalification for its Brown Caramel Female Condom Variant from the United Nations Population Fund (UNFPA).
Cupid (A leading manufacturer & supplier of quality Male condoms, Female Condoms & Water based Lubricant Jelly) was incorporated as a Public Limited Company in 1993.
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