Shares of Cupid Limited surged more than 10% in intraday trade on Thursday, July 9, recovering from their steepest single-day decline in six months recorded the previous session.
The rebound signals renewed investor appetite for the consumer wellness and personal care firm, which has been a standout performer in the Indian small-cap segment.
Cupid has upgraded its full-year revenue outlook for fiscal 2027 by at least 10%, citing robust demand visibility across both domestic and international markets.
The price action follows a period of heightened volatility for the stock, which had witnessed its biggest drop since January before staging this sharp recovery.
Market participants appear to be digesting the company’s recent strategic updates, with the share price reflecting a balance between profit-taking pressure and fundamental optimism.
Cupid has upgraded its full-year revenue outlook for fiscal 2027 by at least 10%, citing robust demand visibility across both domestic and international markets.
The company now anticipates Q1 revenue exceeding ₹150 crore, pointing to a strong start to the fiscal year.