Cupid Approaches 52-Week High Amid Strong Small-Cap Market Performance

Cupid, a small-cap player in the FMCG sector, has shown significant activity today, nearing its 52-week high. The stock is currently just 1.79% away from its peak of Rs 113.55, reached on June 4, 2025. Over the past three days, Cupid has demonstrated a positive trend, gaining 4.19% in returns, aligning its performance with the broader sector.
In terms of technical indicators, Cupid is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward momentum. This performance is notable, especially considering the Nifty index, which closed at 24,620.20, reflecting a modest gain of 0.32%. Despite a recent three-week decline of 1.6% in the Nifty, small-cap stocks, including Cupid, are leading the market, with the Nifty Small Cap 100 index up by 0.79%.

Cupid's one-year performance stands at an impressive 25.97%, significantly outperforming the Sensex, which has recorded a gain of 12.37%. The stock's 52-week low was recorded at Rs 55.75, highlighting its substantial recovery over the past year.