Cupid Limited Shares Hit 52 Week High Amid Strong Q2 FY27 Performance Update

Cupid Limited shares reached a record high of ₹368.00 on October 8, 2026, continuing their upward trajectory. This rise follows the company's announcement of strong Q2 FY27 business updates, significantly outperforming the broader market. 

Cupid's Q2 FY27 Business Update and Revised Financial Guidance 

On September 30, 2026, Cupid Limited issued a formal communication under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements.  

The company reported that its Q2 FY27 total revenue is expected to exceed ₹200 crore. Consequently, the management revised its full-year revenue guidance to over ₹800 crore, with a corporate net profit expectation of more than ₹250 crore. 

Strategic Growth Drivers 

The revised projections are attributed to sustained growth across various verticals. Key drivers include enhanced market visibility and expansion in the domestic fast-moving consumer goods sector.  

The upcoming opening of the Palava manufacturing plant is also expected to contribute to this growth. Cupid Limited continues to see steady growth in its health and personal care portfolios. 

International Operations and Partnerships 

The company has obtained in-principle manufacturing approval for a new venture in South Africa. This factory will operate on an asset-light model, targeting institutional procurement programs across Africa.  

Cupid Limited has also strengthened its financial ties with GII Healthcare Investment Limited, completing a follow-on investment of $5 million to bolster this strategic partnership. 

Capital Market Developments 

Cupid Limited has approved the conversion of up to 30 lakh warrants of Baazar Style Retail Limited into equity shares at a fixed price of ₹328.25 each.  

The stock has strengthened its market positioning through inclusion in major indices such as the BSE Group A, NIFTY Small Cap 250, and FTSE Emerging Markets All Cap Index. 

Read More: Brigade Enterprises Share Price in Focus; To Invest ₹40,000 Crore Over Next 3 Years! 

About Cupid Limited  

Founded in 1993, Cupid Limited manufactures male and female condoms, water-based personal lubricants, specialised in-vitro diagnostic kits, and various consumer healthcare items. The company exports its products to over 125 countries and is the first global company to earn WHO and UNFPA prequalification for both condom types. 

Cupid Share Price Performance 

As of October 09, 2026, at 11:30 AM, Cupid share price on NSE was trading at ₹362.00, up by 1.50% from the previous closing price. 

Conclusion 

Cupid Limited's shares reached a record high of ₹368 on October 8, 2026, driven by strong Q2 FY27 business updates. The company revised its full-year revenue guidance to over ₹800 crore and net profit expectations to more than ₹250 crore, supported by strategic growth drivers and international operations. 

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