Latest news with #CupidLtd
Economic Times
21-07-2025
- Business
- Economic Times
Cupid shares rally 64% in a week, hit new all-time high of Rs 152. Should you book profits?
Shares of Cupid Ltd rallied 63.7% over the past week to hit a fresh all-time high of Rs 152 on the BSE today, driven by strong technical momentum and rising volumes. The sharp uptrend comes amid consistent buying interest, supported by bullish technical indicators. ADVERTISEMENT Around 10:30 am on Monday, the stock's total traded quantity stood at 6.36 lakh shares, with a turnover of Rs 9.66 crore. The company's market capitalization was at Rs 3,948.84 crore. On Saturday, the company also informed that Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Ltd, featured in Avendus Wealth - Hurun lndia U30 List 2025. 'Cupid Limited, (BSE – 530843, NSE – CUPID), is delighted to announce that its Chairman & Managing Director, Mr. Aditya Kumar Halwasiya, has been named to the Avendus Wealth – Hurun India U30 List 2025. This prestigious accolade recognizes India's most dynamic young leaders under 30 who are driving innovation, transformation, and sustainable growth in their respective fields,' the company's filing to the stock exchanges to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research at SBI Securities, 'The price has moved up sharply, having risen nearly 34% in just the last 6 trading sessions. The strong move in the price was supported by a rise in volumes as well.' ADVERTISEMENT He added that the stock is trading above its key short and term long moving averages and the momentum indicators and oscillators are also reinforcing the bullish strength. Shah noted that Rs 115 is likely to act as a strong support level for the stock, while a follow-up move from current levels could push the price towards Rs 180, followed by Rs 200 levels in the short term. ADVERTISEMENT Meanwhile, Hardik Matalia, Derivative Analyst at Choice Broking, observed that the shares of Cupid are currently trading around Rs 146.77, hovering at record high levels after delivering a remarkable rally of nearly 165% from its April 2025 noted that the stock has been consistently forming higher highs and higher lows on the daily timeframe, reinforcing its strong bullish structure. ADVERTISEMENT However, Matalia highlighted that with the Relative Strength Index (RSI) at 85.86, the stock is now firmly in the overbought territory, indicating the possibility of an impending time-wise or price-wise correction in the near further pointed out that the stock is trading well above all its key short-term and long-term moving averages, underlining the prevailing strong momentum, but cautioned that such steep rallies often invite consolidation or retracement, especially when momentum indicators are short-term traders, Matalia suggested it 'would be prudent to book profits at current levels and consider re-entering on meaningful dips near support zones, once signs of stability or reversal emerge.' ADVERTISEMENT He also advised long-term investors already holding the stock to 'consider booking partial profits to lock in gains,' while monitoring for any healthy retracement, which could present an opportunity to accumulate further in a staggered manner. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
21-07-2025
- Business
- Time of India
Cupid shares rally 64% in a week, hit new all-time high of Rs 152. Should you book profits?
Shares of Cupid Ltd rallied 63.7% over the past week to hit a fresh all-time high of Rs 152 on the BSE today, driven by strong technical momentum and rising volumes. The sharp uptrend comes amid consistent buying interest, supported by bullish technical indicators. Around 10:30 am on Monday, the stock's total traded quantity stood at 6.36 lakh shares, with a turnover of Rs 9.66 crore. The company's market capitalization was at Rs 3,948.84 crore. Explore courses from Top Institutes in Select a Course Category Data Science Public Policy others MBA Project Management healthcare Product Management PGDM Finance Data Analytics Degree Cybersecurity Data Science Healthcare Others Digital Marketing Management Artificial Intelligence Operations Management Leadership Technology CXO Design Thinking MCA Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK DABS India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 30 Weeks IIM Kozhikode SEPO - IIMK-AI for Senior Executives India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months E&ICT Academy, Indian Institute of Technology Guwahati CERT-IITG Postgraduate Cert in AI and ML India Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIT Madras CERT-IITM Advanced Cert Prog in AI and ML India Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Algeria Solar Panels: See How Much It Will Cost To Install Them (See Prices) Solar Panel | Search Ads Learn More Undo On Saturday, the company also informed that Aditya Kumar Halwasiya , Chairman and Managing Director of Cupid Ltd, featured in Avendus Wealth - Hurun lndia U30 List 2025. 'Cupid Limited, (BSE – 530843, NSE – CUPID), is delighted to announce that its Chairman & Managing Director, Mr. Aditya Kumar Halwasiya, has been named to the Avendus Wealth – Hurun India U30 List 2025 . This prestigious accolade recognizes India's most dynamic young leaders under 30 who are driving innovation, transformation, and sustainable growth in their respective fields,' the company's filing to the stock exchanges stated. After this sharp rally, how do analysts recommend trading the stock? Live Events According to Sudeep Shah, Deputy Vice President and Head of Technical & Derivatives Research at SBI Securities, 'The price has moved up sharply, having risen nearly 34% in just the last 6 trading sessions. The strong move in the price was supported by a rise in volumes as well.' He added that the stock is trading above its key short and term long moving averages and the momentum indicators and oscillators are also reinforcing the bullish strength. Shah noted that Rs 115 is likely to act as a strong support level for the stock, while a follow-up move from current levels could push the price towards Rs 180, followed by Rs 200 levels in the short term. Meanwhile, Hardik Matalia, Derivative Analyst at Choice Broking, observed that the shares of Cupid are currently trading around Rs 146.77, hovering at record high levels after delivering a remarkable rally of nearly 165% from its April 2025 lows. He noted that the stock has been consistently forming higher highs and higher lows on the daily timeframe, reinforcing its strong bullish structure. However, Matalia highlighted that with the Relative Strength Index (RSI) at 85.86, the stock is now firmly in the overbought territory, indicating the possibility of an impending time-wise or price-wise correction in the near term. He further pointed out that the stock is trading well above all its key short-term and long-term moving averages, underlining the prevailing strong momentum, but cautioned that such steep rallies often invite consolidation or retracement, especially when momentum indicators are overheated. For short-term traders, Matalia suggested it 'would be prudent to book profits at current levels and consider re-entering on meaningful dips near support zones, once signs of stability or reversal emerge.' He also advised long-term investors already holding the stock to 'consider booking partial profits to lock in gains,' while monitoring for any healthy retracement, which could present an opportunity to accumulate further in a staggered manner. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Upturn
18-07-2025
- Business
- Business Upturn
Cupid shares surge 10% today on heavy volumes, double this year, nearly 20% up in a week — Know more
By Aditya Bhagchandani Published on July 18, 2025, 10:12 IST Shares of Cupid Ltd soared as much as 10% during Thursday's session to ₹146.04, extending its sharp rally this year. The stock, which is already up over 100% in 2025 so far, has gained nearly 20% in just the past week, supported by heavy volumes and strong investor sentiment. At around 10:10 AM, the stock was trading at ₹146, up 9.26% from its previous close of ₹133.66 on the NSE. The stock also touched a new 52-week high of ₹147 in early trade. What's driving the rally? Recently, Cupid Limited announced its first strategic investment in the Middle East healthcare sector, marking a milestone in its global expansion plans. The company invested in GII Healthcare Investment Limited, managed by Gulf Islamic Investments (GII), which oversees over $3.5 billion in assets and has a presence across Saudi Arabia, UAE, Europe, USA, and India. This healthcare investment vehicle holds a significant minority stake in a leading Saudi Arabian healthcare provider. Through this move, Cupid aims to tap into high-growth healthcare and wellness markets globally, aligning with its strategy of promoting preventive healthcare and expanding internationally. Cupid manufactures a wide range of health and personal care products, including hygiene items, diagnostic kits, fragrances, and other FMCG products. Management reiterated that this investment aligns with its long-term business strategy while remaining committed to shareholders' interests and responsible growth. Stock performance Today: +9.26% at ₹146.04 1 Week: ~+20% 6 Months: ~+103% Year-to-date (2025): more than doubled Investors appear upbeat on the company's prospects in new markets and its focus on healthcare, which has been reflected in the strong price action over recent months. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
India.com
16-07-2025
- Business
- India.com
Stock under Rs 150 hits new 52-week high as company approves strategic investment
ओमांश इंटरप्राइजेज लिमिटेड का शेयर बना रहा मालामाल Stock of Cupid Ltd touched a new 52-week high on July 16, 2025 after the company shared details about the strategic investment. The scrip began trading at Rs 133.55 against the previous close of Rs 133.45 as stock market declined in early trade in line with a muted trend in global equities amid an uptick in US inflation. However, it gained momentum and touched a new 52-week high of Rs 130. This is a gain of 3.41 per cent from the closing price of the last trading session. The 52-week low of the scrip is Rs 50, which it touched on April 7, 2025. The company has a market cap of Rs 3,660.36 crore. Stock has been on a winning streak for the last five days, demonstrating a remarkable rise of 26.12 per cent in the period. Technically, the stock is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages, indicating a strong upward trend. The company has made a significant move by announcing a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII). According to BSE Analytics, the stock has given a multibagger return of 980 per cent in two years and 1,112 per cent in three years. The return offered by the stock on a year-to-date (YTD) basis is 78 per cent as against a 5 per cent gain in the benchmark index. Meanwhile, Sensex and Nifty declined in early trade on Wednesday in-line with a muted trend in global equities amid an uptick in US inflation. Tariff-related uncertainty also made investors to stay on the sidelines, experts said. The 30-share BSE Sensex dropped 103.16 points to 82,467.75 in early trade. The 50-share NSE Nifty dipped 56.75 points to 25,139.05. From the Sensex firms, Mahindra & Mahindra, Tata Motors, Tata Steel, Eternal, Bajaj Finance and Bajaj Finserv were among the major laggards.
