Cupid share price caught investor attention on December 30, 2025, as the stock rose nearly 1% in early trade following a major expansion announcement. The company’s board has given the green light for setting up a new manufacturing facility in the Kingdom of Saudi Arabia (KSA), marking a significant step in its regional growth strategy.
At 09:17 AM IST, Cupid was quoted at Rs 490.95, up Rs 4.45, or 0.91%, on the BSE. The stock has reached a 52-week high of Rs 498.30, reflecting strong market interest.
Market Performance
Cupid’s momentum has been strong over the past few months, with the stock showing significant gains from its 52-week low of Rs 50.00 on April 7, 2025. In the previous session, Cupid shares ended at Rs 486.50, rising Rs 7.20 or 1.50%.
- 52-week high: Rs 493.15 (Dec 29, 2025)
- 52-week low: Rs 50.00 (Apr 7, 2025)
- Current market capitalization: Rs 13,055.47 crore
- Distance from 52-week high: 1.35% below
- Distance from 52-week low: 873% above
These numbers highlight the strong upward trend and growing investor confidence in the company.
Company Expansion: Saudi Arabia Manufacturing Facility
The board of Cupid Limited approved the in-principle setup of a new FMCG manufacturing facility in Saudi Arabia. This move is aimed at strengthening the company’s presence in the Gulf region and expanding supply capabilities.
The company outlined that the facility will:
- Enhance regional supply capabilities
- Improve speed-to-market and product availability
- Strengthen market penetration in KSA and the wider GCC region
The project will be financed fully through the company’s internal accruals and will move forward once all regulatory and statutory approvals are secured.
This strategic expansion aligns with Cupid’s broader FMCG growth ambitions, emphasizing operational efficiency and regional market dominance.
Financial Highlights
Cupid’s performance in recent quarters has been impressive, reflecting strong demand for its products:
- Q2FY26 Net Profit: Rs 24.12 crore (up 140% YoY from Rs 10.04 crore)
- Current Production Capacity:
- Male condoms: 480 million pieces per annum
- Female condoms: 52 million pieces per annum
- Lubricant jelly: 210 million sachets per annum
The company produces and distributes a diverse portfolio of products—male and female condoms, water-based lubricant jelly, and IVD kits—serving customers in both domestic and international markets.
Shareholding Update
Cupid recently reduced its pledged shareholding, which now stands at 20%, down from 36.13% as of September 30, 2025. This reduction indicates improved financial flexibility and lower leverage for the company.
Summary
Cupid share price has shown robust growth this year, rising dramatically from its 52-week low and touching new highs. The announcement of a new manufacturing facility in Saudi Arabia underscores the company’s commitment to regional expansion and improving operational efficiency. With strong financial performance and strategic moves to enhance market reach, Cupid continues to capture market attention, positioning itself as a significant player in the FMCG sector.
- Key takeaway: Cupid is not just riding a stock market wave; it is building infrastructure and capacity for sustained growth in the Gulf region.
- Stock market today: The share price reflects optimism fueled by expansion plans and solid quarterly performance.
Source: Moneycontrol
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