Smallcap company Cupid Limited has some good news for its investors. They are giving a special gift by offering bonus shares at a 1:1 ratio.
This means for every share you have, you’ll get one more as a bonus. Additionally, the company is making it even more accessible by splitting the shares in a 1:10 ratio.
This means they will change the face value of the shares from Rs 10 to Rs 1 each.
Cupid Limited is a company that makes and exports male and female condoms, water-based lubricants, and IVD kits.
The company’s shares have seen a significant increase of more than 22,000%.
Back on April 25, 2024, the shares were at Rs 8.08. Now, on January 24, 2024, they have reached Rs 1865.95.
This incredible growth represents a 22,239% increase in less than 10 years.
Looking back over the last 20 years, there has been an amazing rise of 31,900% in the company’s shares, going from Rs 5.83 to Rs 1865.95.
In just the last year, Cupid Limited shares have gone up by over 610%. On January 24, 2023, the shares were at Rs 262.50, and a year later, they reached Rs 1865.95.
In the last 6 months alone, the shares have seen a rise of more than 517%, going from Rs 301.50 to Rs 1865.95.
The highest point in the last 52 weeks for Cupid Limited shares is Rs 2034.45, while the lowest is Rs 235.30.
