Cupid Shares Drop 20% from Peak, Rebound 14% as 45 Lakh Shares Trade Rs 163 Crore

Cupid shares opened the session at a lower level after a sharp 20% decline from the recent peak. The stock later rebounded, gaining 14% from the session low before closing near the previous high.

A total of 45 lakh shares were traded during the day, amounting to a turnover of Rs 163 crore. The movement reflects heightened volatility in the company's shares amid market-wide fluctuations.

Analysts note that the price swing may be influenced by broader sector trends and investor sentiment. The trading volume indicates significant participation from both retail and institutional investors.

Investors are advised to monitor the company's upcoming earnings release for further clarity on the stock’s direction.