Cupid stock jumps 16% amid quiet market, here’s what triggered the rallyCupid stock jumps 16% amid quiet market, here’s what triggered the rally

Introduction

Leading small-cap company announces 4:1 bonus share issue, allotting 107.57 crore fully paid-up shares to eligible shareholders on March 10, 2026, increasing total holdings proportionally.

Share price movement of Cupid

On March 9, 2026, Cupid Ltd opened at ₹81.95, up 1.93% from its previous close of ₹80.40. The stock reached a high of ₹93.25 (15.97%) and a low of ₹81.95 (1.93%). By 4:01 PM, it traded at ₹91.70, a 14.05% increase, with a market cap of ₹12,330.54 crore.

Cupid Announces 4:1 Bonus Shares

Cupid Limited shares surged 16% on March 9, 2026, as the stock traded ex-bonus. The company announced a bonus issue at a ratio of 4:1 for shareholders.

Eligible shareholders as of the record date, March 9, 2026, will receive four bonus shares for every one share they currently hold, increasing total shareholding proportionally.

The total bonus shares to be allotted are 107.57 crore fully paid-up shares of Re 1 each. The deemed allotment date is March 10, 2026, the next working day.

For example, an investor holding 1,000 shares will receive 4,000 additional bonus shares, increasing their total holdings to 5,000 shares after the 4:1 bonus allocation.

Stock performance of Cupid for period of 1 week, 6 months, and 1 year

Cupid Ltd delivered a 4.6% return over the past week, gained 98.4% in the past 6 months, and rose 512% over the past 1 year.

Shareholding pattern of Cupid

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	45.60%	45.60%	42.50%
FII	1.50%	2.60%	1.00%
DII	0.30%	0.40%	0.10%
Public	52.70%	51.50%	56.40%

About Cupid

Cupid Ltd (NSE: CUPID), established in 1993, is a leading Indian manufacturer of male and female condoms, personal lubricants, and in-vitro diagnostic (IVD) kits.

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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.

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