Cupid Share Price Hits 52-Week High on Saudi Manufacturing Plan

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Strong Market Reaction

Cupid shares gained nearly 1% in early trade on December 30 after the board approved a new FMCG manufacturing facility in Saudi Arabia

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Stock Price Update

At 9:17 am (30th Dec), Cupid Limited shares traded at ₹490.95 on BSE, hitting a 52-week high of ₹498.30

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Saudi Expansion Plan

The proposed facility in KSA aims to boost regional supply, improve speed-to-market, and strengthen Cupid’s presence across the GCC region

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Funding & Approvals

The project will be funded through internal accruals and is subject to customary regulatory and statutory approvals, as per exchange of filings

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Financial Performance Boost

Cupid reported a 140% YoY jump in Q2FY26 net profit at ₹24.12 crore, supporting positive investor sentiment

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With Our Subscription Plans

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Cupid Share Price Hits 52-Week High on Saudi Manufacturing Plan

Strong Market Reaction Cupid shares gained nearly 1% in early trade on December 30 after the board approved a new FMCG manufacturing facility in Saudi Arabia

Stock Price UpdateAt 9:17 am (30th Dec), Cupid Limited shares traded at ₹490.95 on BSE, hitting a 52-week high of ₹498.30

Saudi Expansion PlanThe proposed facility in KSA aims to boost regional supply, improve speed-to-market, and strengthen Cupid’s presence across the GCC region

Funding & ApprovalsThe project will be funded through internal accruals and is subject to customary regulatory and statutory approvals, as per exchange of filings

Financial Performance Boost Cupid reported a 140% YoY jump in Q2FY26 net profit at ₹24.12 crore, supporting positive investor sentiment