Cupid shares stole the spotlight on Tuesday, January 6, surging 11% in intraday trading even as the broader Indian stock market struggled under selling pressure. The rebound comes after a two-day dip, showing how investor sentiment can pivot quickly when demand returns.
Despite a cautious market mood, Cupid emerged as one of the top movers, reflecting strong underlying business performance.
Market Performance Today
The broader market, however, faced a sharp correction:
- BSE Sensex fell 480 points, down 0.56%, slipping below the 85,000 mark.
- Key heavyweights like Reliance, HDFC Bank, and Trent were under pressure.
In contrast, Cupid’s buying activity picked up dramatically: the number of buy orders on BSE and NSE nearly doubled the sell orders, signaling renewed investor interest.
Cupid shares climbed to an intraday high of ₹394, a jump of 10.98% from the previous close of ₹390.10.
Cupid Q3 Business Update
Cupid’s latest quarterly update shows why the stock continues to attract attention:
- The company, recently included in the ASM framework, reported strong business momentum in Q3 FY26.
- Its order book reached the highest level ever, providing clear visibility for the coming quarters.
- Operations ran smoothly, keeping production on track and demand well met.
Cupid also highlighted its growing presence in the FMCG space:
- Products like Petroleum Jelly, Face Wash, and Talcum Powder are seeing encouraging consumer response.
- The company is expanding retail presence in personal care and wellness categories.
- Approval was recently granted to set up an FMCG manufacturing facility in Saudi Arabia, strengthening its foothold in the GCC region.
The combination of steady operational execution and a strong order book continues to underpin investor confidence.
Cupid Share Price Trend
Despite recent volatility, Cupid remains a multibagger stock:
- In 2025, the stock soared 580%, marking it as one of the best-performing small-caps.
- This bull run extends four years in a row, highlighting consistent growth momentum.
As of 12:30 pm, the share price was trading at ₹426, up 9.20% on the BSE.
This pattern shows that even during broader market corrections, strong performers with solid business fundamentals can attract renewed buying interest.
Summary
Cupid’s rebound on January 6 illustrates a key trend in the Indian stock market today:
- Investor interest can shift sharply, even in a weak market.
- Business fundamentals matter: a strong order book and operational efficiency continue to support price momentum.
- Diversification into FMCG and expansion in the GCC region add another layer of confidence.
While the market struggled, Cupid’s performance demonstrates that focused growth strategies and clear operational execution can turn market volatility into opportunity.
Source: Livemint
Easy & quick
Leave A Comment?