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Cupid Stock Surges to New Record Highs Amid Strong Business Momentum
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CNBC Awaaz•07-10-2026, 13:56
Cupid Stock Surges to New Record Highs Amid Strong Business Momentum
- •Cupid shares surged over 6 percent on Wednesday to hit a new 52-week high of 344.9 on the NSE despite a declining broader market.
- •The stock has delivered exceptional returns, multiplying investors' money by 8 times in a single year and surging 228 percent in 2026 so far.
- •The recent rally is driven by robust business momentum, continuous upward revisions in FY2027 revenue and profit guidance, and index inclusion.
- •Cupid was recently included in the Nifty Smallcap 250 index, which is expected to attract potential investments of up to 10 million dollars.
- •The company's market capitalization has crossed 46000 crore rupees, raising possibilities of its future entry into the mid-cap segment.
Key Questions Answered
Cupid shares surged to a fresh 52-week high after the company raised its FY2027 revenue and profit guidance for the second time in early October, alongside its recent inclusion in the Nifty Smallcap index and strong overall business momentum.
Cupid expects to achieve a revenue of around Rs 800 crore and a net profit of Rs 250 crore for FY2027 following its October upward revisions.
Cupid was included in the Nifty Smallcap index on September 30, 2026, which triggered a 16% rally over two trading sessions and estimates of up to $10 million in potential investments.
