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Cupid Stock Split: 3484% return in 3 years! Check why shares rose today

Cupid Stock Split: 3484% return in 3 years! Check why shares rose today

ETNow.in 1 month ago

Cupid Share Price, Cupid Stock Split: The stock price of Cupid Ltd rose around 15 per cent on Monday (March 9), days after it announced a key corporate action.

On BSE, the personal care company's share touched it's day's high of Rs 92.40, which is over 15 per cent up from its previous closing of Rs 80.40.

The stock price movement is seen days after the condom-maker declared bonus issue for its shareholders. The company commands a market cap of Rs 12,162.46 crore as per BSE data on March 9, 2026.

Notably, as of today, the stock is under Sebi's ASM LT : Stage 1 surveillance.

Cupid Share Price

At 1:42 PM on Monday, Cupid share price on BSE was Rs 90.70, up 12.81 per cent from its previous closing.

The 52-week share price range is Rs 105.48 and Rs 10.

Cupid Share Price History

  • The stock rose over 11 per cent in 1 week.
  • In 1, 3 and 6 months, the shares gained around 8 per cent, 16 per cent and 131 per cent, respectively.
  • In 1, 2, 3 and 5 years, shares surged over 591 per cent, 269 per cent, 3484 per cent and 4038 per cent, respectively.

Cupid Bonus Share News

Cupid recently announced the issue and allotment of Bonus Equity Shares in the ratio of 4:1.

Cupid Bonus Record Date 2026

The company has fixed Monday, March 09, 2026 as the record date for determining the eligibility of shareholders entitled to receive the bonus equity shares.

Under the approved bonus issue, eligible shareholders will receive:

- 4 (Four) new fully paid-up equity shares of Rs 1 each

- For every 1 (One) existing fully paid-up equity share of Rs 1 each

The deemed date of allotment for the Bonus Shares shall be the next working day, Tuesday, March 10, 2026.

Pursuant to this allotment, the Company will issue 1,07,57,28,560 fully paid-up Bonus Equity Shares of Rs 1 each to eligible shareholders.

What is Bonus Issue?

A bonus issue of stock is when a company issues extra free shares to its current owners, in proportion to their current ownership, out of accumulated profits or reserves rather than cash dividends. For instance, a 1:1 bonus issue sees a shareholder who owns 100 shares receive 100 extra shares, making their total 200.

The share price changes proportionally so that the company's market capitalisation is not affected, so that the total value of the investment does not change.

Bonus shares are issued by companies to boost liquidity, attract individual investors by reducing the share price, and convey financial health. Eligibility normally involves holding shares prior to the company's ex-date and record date.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

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