Latest news with #GIIHealthcareInvestmentLimited
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.
Mint
16-07-2025
- Business
- Mint
Multibagger small-cap stock jumps after this strategic investment move
Stock Market today: Multibagger small-cap stock gained during the intraday trades on Wednesday after it announced a strategic investment move in a healthcare-focused investment vehicle of Gulf Islamic Investments. Check details about Cupid Ltd. Cupid Limited announced on the exchanges on Tuesday, 15 July 2025, after the market hours that it has approved Strategic Investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle of Gulf Islamic Investments As per the press release on the National Stock Exchange of India and the BSE, or the Bombay Stock Exchange, Cupid Limited, a premier manufacturer and brand of personal products in India, is pleased to announce a strategic investment in GII Healthcare Investment Limited, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII). GII Healthcare Investment Limited owns a major minority equity holding in a prominent healthcare provider based in Saudi Arabia. GII is a leading investment organization with assets under management that are surpassing $ 3.5 billion with operations in Saudi Arabia, the UAE, Europe, the United States, and India. Commenting on the development, Aditya Kumar Halwasiya, Chairman and Managing Director, said, 'This investment represents a secure, dollar-denominated asset and lays the foundation for Cupid's entry into the Gulf region. Our personal care products align strongly with the patient demographic in the GCC, creating future synergies and huge distribution opportunities.' Cupid Limited, one of India's prominent producers of health and personal care products such as wellness and hygiene products for men and women, diagnostic kits, fragrances, hair and body oils, and other FMCG items, has made its first strategic investment in the Middle Eastern market. This project represents the company's long-term strategy of diversifying and driving opportunities in global markets with strong growth potential. Cupid share price opened at ₹ 133.55 on the BSE on Wednesday, with only slight gains over the previous trading session's closing price of ₹ 133.45. Multibagger small-cap stock Cupid share price soon gained to intraday highs of ₹ 138, which meant an upside of more than 3% during the intraday trade on Wednesday. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions
Business Upturn
15-07-2025
- Business
- Business Upturn
Cupid makes strategic investment in GII Healthcare to enter Middle East market
By Aman Shukla Published on July 15, 2025, 16:03 IST Cupid Limited, a well-established Indian manufacturer of personal care and health products, has announced a strategic investment in GII Healthcare Investment Limited. The move marks Cupid's first step into the Middle East healthcare space, aligning with its broader plan to expand internationally. GII Healthcare Investment Limited is managed by Gulf Islamic Investments (GII), a financial services firm with assets under management of over US$3.5 billion. GII operates across several regions including Saudi Arabia, the UAE, Europe, the USA, and India. The healthcare investment vehicle holds a significant minority stake in a leading healthcare provider based in Saudi Arabia. Through this investment, Cupid aims to explore growth opportunities in global markets, particularly those with strong demand in healthcare and wellness. The company manufactures a wide range of health and personal care products such as hygiene items for men and women, diagnostic kits, fragrances, and other fast-moving consumer goods. Cupid stated that this move is in line with its long-term business strategy focused on preventive healthcare and expanding its global footprint. The company also reaffirmed its commitment to responsible growth and aligning business decisions with shareholder interests and corporate values. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
