Cupid Stock Reaches New High Amid Strong Small-Cap Market Performance
Cupid, a small-cap FMCG company, has reached a new 52-week high, reflecting strong performance with notable gains over recent days. The stock shows high volatility and is trading above key moving averages, while the broader BSE Small Cap index has also seen positive movement amid a declining Sensex.
Cupid, a small-cap player in the FMCG sector, has made headlines today by reaching a new 52-week high of Rs. 187, marking an 8.09% increase during intraday trading. This surge comes as the stock has outperformed its sector by 6.79%, showcasing a strong performance over the past four days with a cumulative gain of 8.79%. The stock has exhibited high volatility today, with an intraday volatility rate of 7.51%, indicating significant price fluctuations. Notably, Cupid is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend in its price momentum.
In the broader market context, the BSE Small Cap index has gained 0.64%, indicating that small-cap stocks are leading the market despite the Sensex experiencing a decline of 0.26%. Over the past year, Cupid has delivered impressive returns of 111.25%, contrasting sharply with the Sensex's performance, which has seen a decline of 2.91%. The stock's 52-week low stands at Rs. 50, highlighting its significant growth trajectory.
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