Cupid's shares have rocketed more than 500% so far this year, making the stock 10 times larger than it was two years ago.
Why the Stock Is Flying
The company, known for making male and female condoms, lubricant jelly and IVD kits, has expanded its production capacity and earned a unique World Health Organization/UNFPA pre‑qualification for both male and female condoms.
- Male condom capacity: over 480 million pieces per year
- Female condom capacity: 52 million pieces per year
- Lubricant jelly capacity: 210 million sachets per year
Promoter Share Pledge Cuts Boost Confidence
In a filing on December 23, Cupid said the promoters’ pledged shares fell to 20% from 36.13% at the end of September. The company says the lower pledge shows a stronger balance sheet and reinforces confidence among investors.
Recent Share Performance
- Up ~1% to ₹474.65 on December 24
- +10% in the last five days
- +41% in the last month
- +395% in the last six months
- +524% in 2025 so far
- +3,752% over the past five years
Valuation Snapshot
The stock trades at a price‑to‑earnings (P/E) ratio of about 265 and has a market cap of roughly ₹12,743 crore.
Bottom Line
While the surge is impressive, the high P/E suggests the market has high expectations. Investors should weigh the growth story against the valuation before jumping in.
Remember, this is just my perspective, not a prediction. Do your own research and consider your risk tolerance before making any investment.