Cupid Ltd to set up of FMCG manufacturing hub in Saudi Arabia, stock up 3%
News by Aliceblue News Desk
30 Dec 2025
Introduction
Leading FMCG company received board approval to establish its first manufacturing facility in Saudi Arabia, aiming to enhance regional supply, improve product availability, and strengthen presence in GCC markets.
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Share price movement of Cupid Ltd
On December 30, 2025, Cupid Limited opened at ₹489.10, up 0.53% from its previous close of ₹486.50. The stock reached a high of ₹499.00 (2.61%) and a low of ₹483.15 (-0.67%). By 10:45 AM, it traded at ₹496.00, a 1.95% increase, with a market cap of ₹13,315.97 crore.
Cupid Limited to Open Saudi FMCG Plant
Cupid Limited received in principle board approval to set up an FMCG manufacturing facility in Saudi Arabia. This will be the company’s first manufacturing plant outside India.
The proposed facility aims to support Cupid Limited FMCG growth strategy and strengthen its presence in overseas markets, starting with Saudi Arabia and other GCC countries.
The project will be funded through internal accruals and taken forward after detailed evaluations and required regulatory and statutory approvals are obtained.
Stock performance of Cupid Ltd for Period of 1 week, 6 months, and 1 year
Cupid Limited delivered a 3.75% return over the past week, surged 345% over the past six months, and gained 535% over the past one year.
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Shareholding pattern of Cupid Ltd
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 45.60% | 42.50% | 42.50% |
| FII | 2.60% | 1.00% | 1.60% |
| DII | 0.40% | 0.10% | 0.10% |
| Public | 51.50% | 56.40% | 55.80% |
About Cupid Ltd
Cupid Limited (NSE: CUPID), established in 1993, manufactures condoms, personal lubricants, FMCG, and wellness products, holds WHO/UNFPA pre-qualification, exports to over 110 countries, and recently expanded production capacity in Palava.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Cupid Limited share price going up today?
A: Cupid Limited share price is rising after receiving board approval to set up its first FMCG manufacturing facility in Saudi Arabia.
Q: What does Cupid Limited specialize in?
A: Cupid Limited specializes in manufacturing condoms, personal lubricants, FMCG products, wellness solutions, and exports to over 110 countries globally.
Q: What is the 52-week high and low of Cupid Limited stock?
A: Cupid Limited stock recorded a 52-week high of Rs 499.00 and a 52-week low of Rs 50.00.
News Author
Aliceblue News Desk
