Shares of Cupid rebounded sharply on Thursday, climbing 5.5% to Rs 208 on the NSE after tumbling nearly 12% in the previous session. The recovery reflected renewed investor confidence, supported by the company's strong business momentum and an upgraded growth outlook.The stock created excitement earlier in Wednesday’s session by touching a fresh 52-week high of Rs 226 per share on the NSE. However, profit booking emerged at higher levels, dragging the stock down by 11.94% to close at Rs 194.70.
Despite the recent volatility, Cupid shares have remained strong performers in the market. The stock has gained more than 40% in the last one month, while its three-month performance delivered a remarkable return of over 114%, placing it among notable multibagger performers.
