CUPID LTD FINANCIAL RESULTS
Cupid shares rally 8% after Q2 net profit jumps 133% YoY; company raises FY27-FY29 guidance
Cupid shares surged 7.75% to Rs 381.40, hitting a 52-week high after Q2FY27 net profit jumped 133% and revenue rose 122% year-on-year. The company raised FY27–FY29 financial guidance, supported by strong domestic and international demand, expanding retail distribution, new manufacturing capacity and increased promoter and institutional shareholding.
Stocks in news: Tata Power, Cupid, Garden Reach, ITC, Aurobindo Pharma and Vodafone Idea
Indian benchmark indices have extended their winning streak, closing positively after the Muhurat trading session. Key stocks such as life insurance companies and Tata Power reported notable quarterly earnings results. HDFC Life and LIC showed healthy premium growth, while Tata Power recorded a record profit in Q2 FY27. Other companies like Cupid and Mishra Dhatu Nigam also reported impressive profit increases during the quarter.
Cupid Q2 profit more than doubles to ₹56.2 cr, revenue at ₹188 cr
Cupid Ltd has reported a significant increase in consolidated net profit for the second quarter of FY27. Revenue from operations rose notably compared to the previous year, reflecting strong financial performance. Despite this growth, the EBITDA margin saw a decline from the same quarter last year. The company also disclosed investment decisions regarding Warrants of Baazar Style approved by its board.
Stocks in news: Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance
Indian markets are set to resume trading after the Diwali holiday, with investors tracking key stocks such as Cochin Shipyard, Kalyan Jewellers, MRF, Coal India, BHEL and Bajaj Finance amid Q2 earnings and corporate developments. Nifty faces immediate resistance at 25,150–25,200.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities fell sharply as rising crude prices, rupee weakness and global uncertainties pressured sentiment. Sensex lost over 460 points, Nifty declined 124 points, and BSE-listed companies lost Rs 3 lakh crore in market value.
Multibagger alert! PC Jeweller shares jump 6% to fresh 52-week high, rally over 100% in 2026
PC Jeweller shares hit a fresh 52-week high of Rs 19.13, rising over 100% in 2026 and gaining 44% in a month. The rally follows the company’s repayment of outstanding dues to all 14 consortium banks, achieving debt-free status ahead of schedule and strengthening its balance sheet.
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Ahead of Market: 10 things that will decide D-Street action on Monday
Sensex and Nifty snapped their eight-week losing streak on Friday, surging over 1% as IT stocks rallied and crude prices eased. The rebound added more than Rs 4 lakh crore to BSE-listed companies’ market capitalisation, while positive market breadth favoured bulls.
TCS shares jump 4% after Q2 results. What are Goldman Sachs, Nomura, others saying?
TCS Share Price: Tata Consultancy Servies shares surged after the IT major reported a 15% year-on-year rise in Q2 consolidated net profit to Rs 13,884 crore. Revenue in constant currency terms grew 0.5% quarter-on-quarter, while operating margin stood at 24%. The company declared a second interim dividend of Rs 12 per share for FY27.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets plunged on Thursday as RBI policy tightening, persistent FII selling, rising bond yields and rupee weakness battered sentiment. The Nifty hit a 52-week low of 22,179, while the Sensex fell 1,045 points, wiping out over Rs 10 lakh crore.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian markets ended lower on Wednesday as the Sensex fell 429 points and Nifty dropped over 173 points, snapping a two-session rally. Investors reacted to the RBI’s rate hike and calibrated tightening stance, while banking stocks gained and broader sentiment remained cautious.
Ahead of Market: 10 things that will decide stock market action on Monday
Sensex and Nifty extended losses for a fourth session as heavy FII selling, surging bond yields and elevated crude prices rattled investors. The selloff erased Rs 5 lakh crore in market value, while analysts advised long-term investors to accumulate gradually.
Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push
Match Group's first-quarter revenue surpassed expectations. This growth was fueled by strong performance from dating app Hinge and early success in Tinder's AI-driven turnaround. The company is embracing AI to enhance user experience and operational efficiency. Match is also slowing hiring as it invests in AI transformation. Investors are watching new features closely.
Ahead of Market: 10 things that will decide stock market action on Thursday
Indian stock markets saw a strong upward trend on Wednesday. The Nifty 50 and Sensex both closed higher, driven by gains in auto, FMCG, and IT sectors. Analysts observed mixed signals with key support and resistance levels identified. US and European markets traded with mixed results ahead of the Federal Reserve meeting.
Cupid announces a 4:1 bonus issue; Q3 PAT soars 196%
Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubling. Record EBITDA margins, strong export demand and FMCG growth marked its strongest-ever quarter, reflecting confidence in long-term expansion and wider retail participation.
Karnataka Bank bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender
Aditya Kumar Halwasia acquired 38 lakh shares in Karnataka Bank for Rs 71 crore, a deal executed at a premium. The smallcap lender, supported by Quant Mutual Fund, saw its stock jump nearly 8% amid significant volume spikes. Karnataka Bank's net profit improved quarter-on-quarter, while NPAs moderated.
Satya Nadella on AI & India; Wow Skin up for sale
Happy Wednesday! India’s talent drives global competitiveness as AI blurs tech and non-tech boundaries, Microsoft CEO Satya Nadella to ET in an interview. This and more in today’s ETtech Morning Dispatch.
Diwali sale or trap? 12 stocks crash at least 40% after giving multibagger returns
12 stocks, including Cochin Shipyard and Waaree Renewable Technologies, have fallen by at least 40% from their 52-week highs after significant gains last year. Most of these stocks, comprising PSUs and other prominent companies, are experiencing corrections due to profit booking and expensive valuations amidst market volatility and earnings slowdown.
Once darlings of D-Street, 11 FY24 multibaggers tank over 25% in H1FY25. What went wrong?
Several multibagger stocks that saw great returns in FY24 have dropped over 25% in the first half of FY25. Indian equities face challenges from geopolitical uncertainties and rising oil prices. Analysts suggest a cautious approach, focusing on quality stocks that can endure macroeconomic pressures. The market outlook remains mixed.
Multibagger tracker: 7 low-priced stocks double money in 6 months as FIIs raise stake
Low-priced stocks attract institutional interest, yielding multibagger returns within six months. Nitco leads with a 179% surge, followed by IFCI, Newtime Infrastructure, Unitech, Hindustan Motors, Cupid, and PVP Ventures.
Warning signs flash for over 100 smallcap multibaggers. Is it a bubble waiting to burst?
The Nifty SmallCap 100 is trading at a high P/B value of 6.7, and at least 128 smallcap multibaggers are trading above their 5-year average PE level. Companies in sectors like chemicals, consumer durables, energy, IT, and BFSI are overheated. The recent Q3 earnings season has added to concerns about expensive valuations for PSU railways, defence, and power stocks.
Love Not Actually: 39% of Indians fall prey to cat fishers & scamsters online
39% of Indians saying their conversations with a potential love interest online turned out to be with a scammer!
Corporate Radar: Power Finance, Bharat Forge to go ex-dividend and more
Housing Development & Infrastructure and Cargotrans Maritime will be announcing their Q2 results. Further, SRG Housing Finance will consider issue of warrants.
Stocks in the news: ITC, Tata Consumer, HDFC, Adani Green and M&M Finance
ITC, GAIL, Titan, Adani Transmission, Godrej Properties, Adani Power, Cadila, Lupin, Varun Beverages, PI Industries, Aditya Birla Capital and Emami are among the companies that will announce their December quarter results today.
Stocks in the news: RIL, Wipro, Ruchi Soya, Quess Corp, GIC, Muthoot Finance and PVR
Wipro said it has sold its entire stake in Denim Group for a consideration of $22.4 million or about Rs 160 crore.
BSE-NSE bulk deals: Vedanta Resources sells 2.79 lakh shares of Adhunik Industries
Vedanta Resources sold 2,79,481 shares of Adhunik Industries at Rs 13.31 per share.
Ahead of Market: 12 things that will decide stock action on Wednesday
Ajit Mishra of Religare Broking said given the sharp up move recently, markets may see some consolidation, however, the bias would remain on the positive side.
Market Movers: Axis Bank rallies; auto stocks mixed; 150 stocks give 'sell' signal
Here is a lowdown on what happened in Wednesday’s session.
100% profit growth in Q3! Stocks of these 117 firms are worth a look
Some 120 companies managed to report over a 100 per cent rise in bottom line figures.
Multibaggers of past decade, solid show in Q2, but stocks down 50%: Get the cue
Many analysts look positive on them. Good case to take a serious look at these names?
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