Cupid Surges on Strong Q1 FY27 Revenue Forecasts

Cupid Limited's shares experienced a notable surge of 4.77%, reaching ₹206.38 on July 9, 2026. This upturn follows strong projections for Q1 FY27 revenue, with the company expecting to exceed ₹150 crore. Buoyed by this performance and increased visibility in domestic and international markets, Cupid has revised its FY27 revenue guidance upward by at least 10%. The new forecast projects revenue to surpass ₹660 crore, a significant increase from the previous ₹600 crore target.

The company's stock has shown remarkable resilience, rebounding after a substantial decline on July 8, 2026. Yesterday's dip, attributed to broad market sell-offs and profit booking after reaching an all-time high of ₹226.00, appears to have been viewed as a buying opportunity by investors. The current rally suggests a renewed focus on Cupid's fundamentals and positive future outlook.

Institutional interest was also evident, with a block deal worth ₹128 crore involving approximately 60.8 lakh shares reported around July 6-8, 2026. Market participants will be closely monitoring Cupid's ability to sustain its current momentum and re-test recent highs.