Shares of surged 2.51 per cent to ₹499.70 on the National Stock Exchange on Tuesday, touching a fresh 52-week high of ₹499.95 during intraday trading. The stock opened at ₹490.10 against the previous close of ₹486.60.
The condom manufacturer’s shares have been on a remarkable upward trajectory, gaining 51.50 per cent over the past month and an extraordinary 555.37 per cent year-to-date. Over a three-year period, the stock has delivered returns exceeding 3,525 per cent, making it one of the standout performers in the small-cap segment.
Trading activity remained robust with 55.81 lakh shares changing hands, translating to a traded value of ₹274.96 crore. The deliverable quantity stood at 32.70 per cent of the total traded volume, indicating a mix of genuine investment interest and speculative trading.
The stock’s volatility remains elevated with an annualized volatility of 55.60 per cent. Market participants noted that buy orders accounted for 8.52 per cent of total quantity (9.28 lakh shares) while sell orders represented 21.48 per cent (2.54 lakh shares) by noon.
Cupid Limited’s total market capitalization has swelled to ₹13,405.91 crore, with free float market cap at ₹7,202.18 crore. The stock is currently trading with a 100 per cent margin requirement, reflecting heightened regulatory surveillance due to sharp price movements.
The counter touched an intraday low of ₹482.75, with a 20 per cent price band in effect. The 52-week low of ₹55.75 was recorded on April 7, 2025, underscoring the dramatic price appreciation over the past nine months.
Market observers are closely watching whether the stock can sustain its momentum or faces profit-booking pressure as it approaches the upper circuit limit of ₹583.90.