Cupid gains on making strategic investment in GII Healthcare Investment

GII Healthcare Investment holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia

Cupid is currently trading at Rs 131.75, up by 1.40 points or 1.07% from its previous closing of Rs 130.35 on the BSE.

The scrip opened at Rs 129.35 and has touched a high and low of Rs 132.80 and Rs 128.35 respectively. So far 130488 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 1 has touched a 52-week high of Rs 138.00 on 16-Jul-2025 and a 52-week low of Rs 50.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs 138.00 and Rs 109.85 respectively. The current market cap of the company is Rs 3555.85 crore.

The promoters holding in the company stood at 42.52%, while Institutions and Non-Institutions held 1.06% and 56.43% respectively.

Cupid has made strategic investment in GII Healthcare Investment, a healthcare-focused investment vehicle managed by Gulf Islamic Investments (GII).

GII Healthcare Investment holds a significant minority equity stake in a prominent healthcare provider based in Saudi Arabia. GII is a leading investment firm with assets under management exceeding $3.5 billion across Saudi Arabia, UAE, Europe, the US and India. This investment represents a secure, dollar-denominated asset, and lays the foundation for Cupid's entry into the Gulf region. 

Cupid manufactures and markets varieties of male and female condoms, water-based lubricant, latex dental dams and probe covers. The company has a diverse product basket available in many countries worldwide.