864% Returns in 1 Year; You will get 20 Shares for 1 Share, Stock Split & Bonus Issue Soon

The multibagger small-cap company engaged in the business of rubber contraceptives and related contraceptive products hit a back-to-back upper circuit of 5% after announcing a stock split and bonus issue. It saw a gain of 3.24% on its last trading day and closed at Rs 2430.65.

The company’s stock is up 20% in the last five days and down by 9.68% in the last 30 days. It has given returns of over 490% in the last six months and over 864% within a year. Its 52-week high is Rs 2,826.45, its 52-week low is Rs 235.30, and its shares are currently down 11% from its 52-week high.

Stock Split and Bonus Issue

The board of directors of Cupid Limited (BSE: 530843 & NSE: CUPID) has set the record date for the 1:10 stock split and 1:1 bonus share issue. According to the 1:10 stock split, the company will give its shareholders a split of 10 shares for every 1 share held. Apart from this, the company will also issue 1:1 bonus shares and will give one share bonus on every share.

The company has set the record date on Thursday, April 4, 2024, for the stock split and bonus share issue.

Cupid Limited Shares Performance & Return

Shares of Cupid Limited were listed on BSE in Feb 2003 and since its listing, it has delivered marvelous returns. Shares of Cupid Limited have surged more than 76000% since listing. A consideration of the stock’s recent performance shows that its share price doubled in just three months, and more than 450% growth in the last six months.

It has increased investors’ money more than nine times in the last twelve months. If you had invested ₹1 lakh in it twelve months ago, the value of those shares would have increased to ₹964,464 today.

Cupid Shares Performance in 2024 YTD

Cupid Limited’s share price was ₹1,173.40 in January and today it is trading at ₹2,430.45 representing a total gain of 107.13% in 2024 YTD.

Cupid Shares Surged 300 Percent in 2023

Investors who invested in it in 2023 earned good returns. The share price of Cupid Limited in January 2023 was ₹268.30 and on the last trading day of the year, it closed at ₹1,121.70 with a gain of 318.08%.

₹1 Lakh Became ₹2.78 Crore in 10 Years (Compounded Performance)

The table below shows the company’s absolute returns and CAGR growth from the listing. You can also check that if someone has invested a lump sum of Rs 1 lakh then what is the value of those shares today…

• Cupid Limited shares have increased more than 1600% in the last four years.
• Shares of Cupid Limited have increased investors’ money more than 17 times in the last five years and more than 278 times in 10 years.
• The value of shares of investors who had invested Rs 1 lakh in it fifteen years ago has increased to ₹60,458,955 (₹6 crore) today.
• The Compound Annual Growth Rate (CAGR) of the stock over the last 5 years is 76.40%, over 10 years 75.56%, over 15 years 53.26%, and since listing 37.66%.

Cupid Limited Share Performance (Year-wise)

About the Company

Cupid Limited, established in 1993, is in the business of manufacturing and selling rubber contraceptives and related contraceptive products. The company has a product portfolio of male and female condoms, water-based lubricant jellies, and a range of in-vitro Diagnostic (IVD) products including pregnancy test kits, COVID-19 antigen test kits, and many more.

Profit & Loss Statement

Standalone Figures in Rs. Crores

December Quarter Results

Standalone Figures in Rs. Crores

Last 10 Years Compounded Sales and Profit Growth

Shareholding Pattern

Disclaimer: This article is written for informational purposes only, do not consider it any investment advice.