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Cupid stocks zoom ~8% on receiving order from South African Government

3 Feb 2022 , 09:28 AM

Cupid Limited stocks rally in the market on Thursday after it has received an allocation for 2022- 2023 from the South African Government for supply of Male Condoms worth Rs31.94cr (Approx.) and Female condoms worth Rs68.70cr (Approx.).

“We are excited to receive this valuable allocation from the Government of South Africa”, said Omprakash Garg, CMD, Cupid Limited.

On Thursday at around 9:29 AM, Cupid was trading at Rs231.75 apiece up by Rs16.8 or 7.82% against previous closing of Rs214.95 apiece on the BSE.

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