Cupid shines on securing order worth Rs 4.95 crore from UNFPA

Cupid is currently trading at Rs. 132.80, up by 6.30 points or 4.98% from its previous closing of Rs. 126.50 on the BSE.

The scrip opened at Rs. 132.00 and has touched a high and low of Rs. 134.90 and Rs. 128.05 respectively. So far 2661 shares were traded on the counter.

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The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 206.54 on 24-Aug-2018 and a 52 week low of Rs. 101.00 on 22-Jul-2019.

Last one week high and low of the scrip stood at Rs. 138.70 and Rs. 120.25 respectively. The current market cap of the company is Rs. 168.73 crore.

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The promoters holding in the company stood at 45.06%, while Institutions and Non-Institutions held 0.50% and 54.44% respectively.

Cupid has received an order worth Rs 4.95 crore from UNFPA. The order is for supply male condoms to Angola. Earlier, the company had received an order worth Rs 14.1 crore from UNFPA for supply of male condoms to Uganda.

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Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental dams and probe covers. Cupid has a diverse product basket available in over 25 countries worldwide.