GENERAL30 Sept 2026
Up 609% in 1 year! Small-cap stock Cupid share price jumps 7% today to record high on Nifty Smallcap 250 inclusion | Stock Market News
Cupid shares jumped over 7% on September 30, hitting a record ₹309.15 on the BSE, after the small-cap company joined the Nifty Smallcap 250 index in NSE's semi-annual rejig. The inclusion may bring roughly $10 million in inflows, as estimated by Nuvama. Cupid also raised its FY27 guidance, targeting ₹725-750 crore revenue and ₹210-225 crore net profit.
Key Statutory Highlights
- Cupid entered the Nifty Smallcap 250 index effective September 30, and its shares rose over 7% to a record ₹309.15 on the BSE.
- Nuvama estimates the index inclusion could bring inflows of around $10 million into the stock.
- Cupid raised its FY27 guidance, targeting revenue of ₹725-750 crore and net profit of ₹210-225 crore.
Actionable Advice for Taxpayers / Founders:If you hold or plan to buy Cupid, treat the index-inclusion inflow estimate as brokerage opinion, not certainty, and review your position with a qualified adviser before acting.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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