India's Cupid hits record high on Q4 profit surge, upbeat view

Cupid

09/04/2024 10:06

** Shares of Cupid  CUCO.NS  jump an exchange-allowed
maximum of 5% to record high of 133.65 rupees 
    ** The condom maker's net profit jumped nearly three-fold in
Q4, while rev from ops rose over 50% 
    ** Co sees no foreseeable headwinds near- to mid-term
    ** Stock has been trading above its 200-day simple moving
avg since July 2023, volumes 1.1x 30-day avg 
    ** Including session's gains, stock up over 138% YTD 


 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))