Rs 1 Lakh Turns Into Rs 8.46 Lakh: This Multibagger Personal Care Stock Delivers 746% Returns in a Year; Company Moves to BSE Group ‘A’

On Tuesday, Indian equity benchmarks traded lower, with the benchmark Nifty 50 index declining 0.42 per cent to 24,109.65. Despite the broader market weakness, Cupid Limited share price traded at Rs 213.99, up 3.46 per cent or Rs 7.16 from the previous close. The company had a market capitalisation of around Rs 28,601 crore.

Cupid Share Price Delivers 746 Per Cent Returns In A Year

Cupid shares have delivered multibagger returns of 746.48 per cent over the past year, gaining Rs 188.71 during the period. An investment of Rs 1 lakh in the stock a year ago would have grown to approximately Rs 8.46 lakh at current levels.

The stock has also rallied 130.17 per cent in the past six months, adding Rs 121.02. Over the past month, the share price has gained 29.82 per cent or Rs 49.16, extending its recent upward movement.

Cupid Limited Included In BSE Group ‘A’

In a recent development, Cupid announced that its equity shares have been reclassified from BSE Group ‘B’ to BSE Group ‘A’ following the exchange's periodic review of listed companies. The company disclosed the development through an exchange filing dated July 11, 2026.

According to the company, BSE Group ‘A’ comprises companies satisfying the exchange's prescribed eligibility criteria and represents one of the principal categories of listed securities on the exchange.

The company stated that the reclassification is expected to enhance visibility among domestic and international market participants and improve accessibility for institutional investors participating in highly liquid listed securities.
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Global Business Spans More Than 125 Countries

Cupid has a growing global institutional business with exports to more than 125 countries. The company has also expanded its branded consumer wellness portfolio and continues to invest in manufacturing capabilities and product development across healthcare and wellness categories.

The company completed a strategic land acquisition in Palava, Maharashtra, in March 2024 to expand production capacity by 1.5 times the existing output. Annual production capacity is expected to increase by approximately 770 million male condoms and 75 million female condoms.

Management Commentary

Commenting on the development, Aditya Kumar Halwasiya, Chairman and Managing Director of Cupid Limited, said, “Our inclusion in BSE Group ‘A’ is an important milestone in Cupid Limited’s journey as a listed company. We believe this recognition reflects the Company’s continued commitment to strong corporate governance, regulatory compliance, operational discipline and creating a resilient business with a long-term perspective.

Over the years, we have worked towards strengthening Cupid’s position as a global healthcare and consumer wellness company while maintaining the highest standards of transparency and accountability. We remain grateful to our shareholders, employees, customers, business partners and all stakeholders for their continued trust and support, which has been instrumental in this achievement.”

About Cupid Limited

Established in 1993, Cupid Limited manufactures male and female condoms, water-based personal lubricants and IVD kits. The company has also expanded its product portfolio into FMCG and personal care categories, including fragrances, deodorants, hair and body oils and other wellness products.

The company exports to more than 125 countries and has long-term agreements with WHO, UNFPA and PFSCM.

What are your thoughts on Cupid's multibagger share price rally and inclusion in BSE Group ‘A’? Share your views in the comments below.
Disclaimer: The article is for informational purposes only and not investment advice.