Cupid shares hit fresh 52-week high after guidance hike
In short
Cupid shares rose 3% on Friday and hit a new 52-week high of Rs 368. The company had already raised its FY27 revenue target to Rs 800 crore and its net profit target to Rs 250 crore for the second time in less than two weeks.
This matters because investors are reacting to the higher outlook. The report does not say what caused the share move on that exact day.
What the reporting says
Cupid shares rose 3% to a fresh 52-week high of Rs 368 on Friday, extending a rally for a fourth straight session. The publisher-supplied summary says the company raised FY27 revenue guidance to Rs 800 crore and net profit guidance to Rs 250 crore for the second time in less than two weeks. The immediate consequence was another share-price jump, but the reporting does not say what triggered the move that day.
Why it matters
A publisher-supplied summary says Cupid shares jumped 3% on Friday to a fresh 52-week high of Rs 368, extending gains for a fourth straight session. It also says the company raised FY27 revenue guidance to Rs 800 crore and net profit guidance to Rs 250 crore for the second time in less than two weeks. The move is positive for shareholders, but the reporting does not identify the immediate catalyst for the stock rise.