Cupid Ltd Completes 4:1 Bonus Issue; Stock Delivers 495% Return in One Year

Shares of Cupid Ltd are in focus after the company announced a 4:1 bonus issue aimed at improving liquidity and making the stock more accessible to retail investors. Under the bonus announcement, shareholders received four new fully paid-up equity shares with a face value of ₹1 each for every one existing share held. The record date for the bonus issue was March 9, 2026, and the company allotted over 107.57 crore bonus shares to eligible shareholders.

Before the bonus adjustment, Cupid Ltd shares were trading in the range of around ₹400 to ₹450 per share. Following the bonus allotment, the stock price adjusted proportionally and opened in the range of around ₹82 to ₹90 on March 9, 2026, reflecting the increased number of shares outstanding after the corporate action.

Cupid Bonus Issue Drives Investor Interest

The rise in Cupid Ltd shares during the session comes after the stock began trading ex-bonus following the company’s 4:1 bonus share issue. On the ex-bonus date, the share price gets adjusted to reflect the increased number of shares issued to existing shareholders.

Such adjustments often attract trading activity as the per-share price becomes lower after the bonus adjustment, which can increase liquidity and investor participation. During the session, buying interest in the stock pushed Cupid Ltd shares higher by around 15% on the BSE, making it one of the notable movers in the market.

Cupid Stock Records Higher Trading Volumes

On March 9, 2026, shares of Cupid Ltd witnessed a significant rise in trading activity during the session following the allotment of the bonus shares. The trading volume on the counter surged to around 4.97 crore shares on the NSE, which was about 34.57 times higher than the two-week average trading volume of 43.64 lakh shares, indicating strong investor participation after the bonus issue became effective.

Impact on Cupid Share Price Performance

The share price of Cupid Ltd has delivered strong returns over the past year, reflecting significant investor interest in the stock. The company’s share price is currently trading around ₹76.10 on the NSE, and the stock has gained 83.46% in the last 6 months, growing about ₹34.62 during the period. Over a longer horizon, the stock has delivered even stronger performance, surging nearly 495% in the past year, with the share price increasing by around ₹63.31, highlighting the sharp rally witnessed in the counter.

About Cupid Ltd

Cupid Ltd is an India-based pharmaceutical and healthcare company engaged in the manufacturing and distribution of male and female condoms, personal lubricants, and other healthcare products. The company primarily supplies its products to international markets, government health agencies, and global organisations, including institutions involved in public health initiatives.

Cupid Ltd has a strong presence in the global reproductive healthcare market, exporting its products to over 100 countries across Asia, Africa, Europe, and Latin America. The company focuses on maintaining high-quality manufacturing standards and regulatory compliance, which has helped it secure contracts with international health programs and organisations

Cupid Ltd currently has a market capitalisation of ₹10,287 crore. The company has reported a Return on Capital Employed (ROCE) of 17.1% and a Return on Equity (ROE) of 12.9%, reflecting stable profitability levels. Additionally, the company is almost debt-free.