HighPositive
Announced Mon, 6 Jul · 11:08 IST

Cupid shares jump 6%, extend rally to 11% in one week as company raises FY27 revenue guidance after strong Q1 biz update

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AI summary

Cupid shares rallied 6 percent, extending gains to 16.14 percent over two weeks and over 52 percent in the last month, after the company raised its FY27 revenue guidance by a minimum of 10 percent to more than Rs 660 crore from the earlier Rs 600 crore. The upgrade follows a strong Q1 FY27 business update indicating revenue exceeding Rs 150 crore, one of its best quarterly performances, supported by expanding international B2B healthcare demand, a long-term supply agreement with PFSCM Netherlands, and growth across lubricant, personal care and IVD segments. Management said projections remain conservative, leaving room for additional upside as new opportunities materialise.