Cupid Stock Reaches All-Time High Amid Strong Market Momentum and Performance Gains

Cupid, a small-cap player in the FMCG sector, has shown remarkable performance today, reflecting a notable trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 154.3, marking a 2.52% increase. Currently, Cupid is trading just 1.71% below its 52-week high of Rs 154.65, indicating strong momentum in its price action.
In terms of performance metrics, Cupid has outperformed the broader market significantly. Over the past day, the stock surged by 4.42%, while the Sensex dipped by 0.24%. The one-week performance also highlights Cupid's strength, with a gain of 6.22% compared to a 0.58% decline in the Sensex. Over the past month, Cupid has soared by 43.65%, and year-to-date, it boasts an impressive increase of 107.29%.

Cupid's moving averages indicate a bullish trend, as it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This consistent upward trajectory over various time frames, including a staggering 1310.68% increase over three years, underscores Cupid's robust market position in the FMCG industry.