India's Cupid up 3% on 52.1 mln rupees UN purchase order

Cupid

11/01/2023 03:59

** Shares of condom manufacturing co Cupid  CUCO.NS  rise as
much as 3.24% to 281.80 rupees, mark sharpest intraday pct gain
since Jan. 4, 2023
    ** Co on Tuesday said it has received a purchase order from
United Nations Population Fund worth 52.1 million rupees 
($637,542.83)    
    ** Share price is above the 50-day, 100-day and 200-day
exponential moving average, suggesting bullish trend
    ** Stock's moving average convergence divergence (MACD) line
has been above the signal line since Dec. 28, indicating bullish
bias
    ** More than 21,000 shares change hands by 9:24 a.m. IST vs
30-day avg of 106,645 shares
    ** Stock rose 23.57% last year
($1 = 81.7200 Indian rupees)
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))