02 Jan 2026 | 5 Mins Read
Cupid shares drop 20% after profit-booking ends streak
Flipitmoney
Cupid, a contraceptive manufacturing company, plummeted 20% on Friday after a 13-day rally, hitting Rs 419.95 on the NSE. The multibagger stock has delivered 452% returns over 1 year. With strong momentum indicators showing an overbought zone, a pullback was anticipated. Cupid reported a 140% net profit jump in Q2, with total revenue growing 91% YoY to Rs 90 crore.