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Cupid Limited ( (IN:CUPID) ) just unveiled an update.
Cupid Limited has welcomed the GST Council’s recent decision to reduce GST rates on various essential and consumer-focused products, which is expected to enhance affordability and boost consumption in India. This reform will lower input costs and improve product accessibility for Cupid Limited, benefiting its FMCG and diagnostics offerings, and supporting its strategic expansion into Pan-India retail markets.
More about Cupid Limited
Cupid Limited is a manufacturer and exporter specializing in male and female condoms, water-based lubricants, and in vitro diagnostics kits. The company is expanding its presence in the FMCG sector, focusing on products like hair and body oils, face wash, and diagnostic kits, aiming to build a strong consumer brand and capture market share in high-growth categories.
Average Trading Volume: 332,882
Technical Sentiment Signal: Buy
Current Market Cap: 48.66B INR
See more insights into CUPID stock on TipRanks’ Stock Analysis page.