Cupid bags Rs8.19 crore purchase order from UNFPA; Stock slips ~2%

17 Oct 2022 , 11:30 AM

Cupid Limited informed to the exchanges that the company has received a purchase order from United Nations Population Fund (UNFPA).

As per the filing, the  contract is for supply of Male Condoms and Water Based Lubricant worth Rs8.19 crore (Approx.).

In a regulatory filing, “We are excited to receive this valuable repeat order”, said Omprakash Garg, CMD, Cupid Limited.

On Monday, at around 11:32 AM, Cupid Ltd is currently trading at Rs235.25 per share down by Rs4.3 or 1.8% from its previous closing of Rs239.55 per share on the BSE.

The scrip opened at Rs232.10 per share and has touched a high and low of Rs239.15 per share and Rs232.10 per share respectively so far today. The current market cap of the company is Rs319.51 crore.

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