India's Cupid rises on Middle East market entry through investment

Cupid

16/07/2025 07:18

** Shares of Cupid CUCO.NS rise 2.9% to 137.2 rupees

** Stock set to rise for fifth straight session

** The health and personal care products manufacturer on Tuesday announced a strategic investment in GII Healthcare Investment

** GII Healthcare Investment is an investment vehicle managed by Gulf Islamic Investments

** Investment represents co's first strategic entry into the Middle Eastern market, Cupid says

** Company did not provide any financial details of the investment

** CUCO has risen ~82% so far in the year

 (Reporting by Yagnoseni Das)

 ((Yagnoseni.Das@thomsonreuters.com;))