Cupid Ltd shares fall 1.27% as exchange receives takeover disclosure for Aditya Kumar Halwasiya
Why did Cupid Ltd-$ shares fall today?
The request was rejected because it was considered high risk
What does Cupid Ltd-$ do?
Cupid Limited is a publicly listed company with its registered office located in Nashik, Maharashtra. The company's equity shares are listed on both the BSE Limited and the National Stock Exchange of India Limited, under the scrip codes 530843 and CUPID respectively. The disclosure pertains to the acquisition of 5,90,000 equity shares in the company through the open market, with each share having a face value of Re. 1/- each.
Cupid Ltd-$ Financials
In CroresCupid Ltd-'s financials show positive growth between March 2026 and June 2026. Revenue increased from ₹119.96 Crores to ₹154.72 Crores, while profit for the same period rose from ₹36.26 Crores to ₹44.15 Crores. This indicates a clear upward trend in both top-line revenue generation and bottom-line profitability over the two quarters.
Cupid Ltd-$ Shareholding Pattern
Promoter holding stands at 46.24% of the total share capital. Foreign Institutional Investors (FIIs) hold 4.17% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.34%. Public shareholders hold the remaining 49.23% stake in Cupid Ltd-$.
Cupid Ltd-$ FAQs
Q: Why did Cupid shares fall 1.27% today?
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditya Kumar Halwasiya. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Cupid Ltd-$?
As per the latest data, promoters hold 46.24% stake in Cupid Ltd-$, while FII holding stands at 4.17%. Domestic institutional investors hold 0.34%, and public shareholders account for 49.23% of the equity.
Q: What is the current stock price of Cupid Ltd-$?
Cupid Ltd-$ shares are currently trading at ₹280.65, recording a decline of 1.27% from the previous close.
Q: What is the market capitalization of Cupid Ltd-$?
The company currently has a market capitalization of ₹37737.9 crore, reflecting its valuation in the Indian equity market.