Cupid Share Price Falls Over 2% After Hitting Record High; Stock Up 245% In 2026

Cupid shares fell over 2% on Monday, October 12, after touching a fresh record high earlier in the session, as the multibagger stock took a breather following a sharp rally over the past few months.

The stock opened at ₹368 on the NSE and climbed to an all-time high of ₹368.95 in early trade before reversing its gains. At 12:54 pm, Cupid shares were trading at ₹357.90, down ₹8.20 or 2.24% for the day. The reversal comes after the stock gained in each of the previous four trading sessions, rising from ₹310.10 on October 5 to ₹366.10 on October 9.

Despite Monday's decline, Cupid shares have gained around 245% in 2026 so far and have more than doubled in the past three months. The rally has gathered pace following a series of business updates from the company, including an upward revision to its FY27 revenue and profit guidance.

Cupid Raises FY 2026-27 Revenue, Profit Guidance

Earlier this month, Cupid raised its FY27 guidance for the second time in less than two weeks, with the company now expecting revenue of ₹800 crore and net profit of ₹250 crore for the financial year.

The company expects Q2 FY27 revenue to cross ₹200 crore and said the revised full-year outlook was backed by continued momentum across its key businesses and better visibility in domestic as well as international markets.

Cupid expects the momentum seen during the September quarter to continue through the second half of FY27. The company has cited expansion of its domestic FMCG business, progress towards operationalising its Palava manufacturing facility and growth across its healthcare and personal care portfolio among the factors supporting its outlook.

The company is also looking to expand its FMCG distribution across modern trade, general trade and pharmacy channels, while the Palava facility is expected to add manufacturing capacity for domestic and international markets.

Cupid manufactures male and female condoms, water-based lubricant jelly and in-vitro diagnostic kits. It is also looking to expand its international healthcare business across institutional, government and private markets.

Cupid Shares Rally Over 15% In Four Sessions

Before Monday's reversal, Cupid shares had risen for four consecutive sessions. The stock closed at ₹310.10 on October 5 before rising to ₹324.20 on October 6, ₹343.95 on October 7, ₹356.65 on October 8 and ₹366.10 on October 9.

That translates into a gain of about 18% in four sessions. On Friday, October 9, the stock touched what was then a fresh high of ₹368 before Monday's early move took the record further to ₹368.95.

The longer-term rise has been sharper, with Cupid shares gaining around 245% so far in 2026. The stock has risen about 630% over the past year, while its three-year gain stands at more than 7,000%.

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