Cupid Ltd shares touched a fresh 52-week high of Rs 212.75 on the NSE on Monday, rising 8% in trade after a large Rs 128 crore block deal

According to exchange data, around 60.8 lakh shares, close to 2.3% of Cupid’s outstanding equity, changed hands in a single transaction worth about Rs 127.5 crore. The buyer and seller in the deal were not immediately known.

Alongside the block deal, Cupid said it expects revenue of more than Rs 150 crore for the June quarter, which would mark one of its strongest quarters yet.

On the back of this, the company raised its full-year FY27 revenue guidance by at least 10%, now expecting to cross Rs 660 crore against its earlier target of Rs 600 crore.

Cupid credited the stronger outlook to growing opportunities in international B2B healthcare markets, led by demand from institutional buyers, private customers and government procurement programmes.

The company also pointed to its upcoming supply agreement with the Partnership for Supply Chain Management in the Netherlands as a factor that should strengthen its position in global healthcare procurement.

On the domestic side, Cupid said it sees further growth in its lubricants business, along with continued expansion of its personal care and wellness products across retail, pharmacy and modern trade channels in India.

This isn’t Cupid’s first big move this year. The stock has already had a strong run, up 55.16% in the past month and gaining close to 878% over the past year, according to NSE data, making it one of the standout performers in the small cap personal care space.

At 15:11 pm, Cupid shares were trading at Rs 213.42 on the NSE, up 7.33% for the day, holding on to their gains through the afternoon session.

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