“Increasing concerns over re-emergence of Covid in some parts of the world and recession worries in the US have been keeping FPIs away from emerging markets like India,” Himanshu Srivastava, Associate Director – Manager Research at Morningstar India, said.
Cupid shares fall 2% even as Q1 profit jumps 3x. What’s ahead for multibagger stock that rose 680% in a year?
Cupid shares fell on Monday despite a threefold rise in Q1 FY27 profit to Rs 44 crore, as revenue surged 159% and EBITDA jumped 265%.
August 10, 2026