Shares of Cupid Limited surged in afternoon trade on Tuesday after the condom and personal care maker’s bonus issue ex-date kicked in, with the stock trading at ₹93.05 on the NSE — up 1.58 per cent from its previous close of ₹91.60 — as of 1.07 PM.
The company had announced a 4:1 bonus issue, meaning shareholders on record as of March 9, 2026 will receive four additional shares for every one held. The ex-date and record date were both set for March 9, making today the first full trading session reflecting the adjusted price.
Trading activity has been unusually heavy. Over 452.75 lakh shares changed hands by early afternoon, with traded value reaching ₹424.45 crore. The buy-sell ratio is skewed heavily toward buyers at 79.41 per cent, against 22.59 per cent sellers, suggesting strong retail interest.
The stock touched an intraday high of ₹95.85 before paring gains, and remains well within its 20 per cent circuit band of ₹109.90 on the upper side. The one-week return stands at nearly 21 per cent, while the one-year return is a striking 611 per cent.
Total market capitalisation stands at ₹12,518.79 crore as of mid-session. The stock’s P/E ratio of 147.54 and annualised volatility of 67.82 per cent signal that while investor appetite is strong, the counter carries significant speculative risk.