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The Economic Times
The Economic Times
Debaroti Adhikary

Cupid shares fall 2% even as Q1 profit jumps 3x. What’s ahead for multibagger stock that rose 680% in a year?

Cupid

Shares of Cupid dropped over 2% on Monday even after the condom-maker reported a whopping 3x surge in net profit for the April-June quarter of the ongoing financial year 2027.

Cupid’s multibagger shares fell to Rs 256.80 apiece on the NSE. The company on Saturday reported a consolidated net profit of Rs 44 crore for the first quarter of FY27, from Rs 15 crore reported in the corresponding quarter of the previous financial year. The firm’s revenue from operations rallied 159% year-on-year (YoY) to Rs 155 crore during the quarter under review.

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