Cupid's stellar performance over the past one year now makes it the most expensive stock in the FMCG category with a trailing-twelve-month P/E of 197. The stock of this contraceptives manufacturer has surged 620% in this period, remaining unaffected with domestic and external challenges and market cycles. While fundamentals remain supportive and technicals strong, experts suggest caution, suggesting against fresh entry at current levels.
Cupid shares are currently trading above their 50-day and 200-day simple moving averages (SMAs) of Rs 98 and Rs 70, respectively, according to Trendlyne data. The stock has also displayed enviable stability with a one-year beta of 0.7 in a volatile market which has been hammered with foreign outflows, falling rupee, valuation concerns, tariffs and war.
