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The Economic Times
The Economic Times
Ritesh Presswala

Cupid shares fall 2% after 131% rally in 3 months; Stock reclassified to BSE Group ‘A’

Shares of Cupid Limited witnessed mild profit booking in Monday’s trading session, and slipped around 1.5% to Rs 209. However, the recent weakness appears minor compared with the stock’s strong rally over the past few months. The stock has gained significant investor attention after delivering multibagger returns, surging nearly 131% in just three months due to strong business momentum and positive corporate developments.

In a recent regulatory filing, Cupid Limited announced a major milestone as its equity shares have been reclassified from BSE Group ‘B’ to BSE Group ‘A’ following the Bombay Stock Exchange’s periodic review of listed companies.

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