Condom Manufacturing Company Cupid Enters BSE Group ‘A’ Category Shares
Condom maker Cupid has entered the BSE Group 'A' category. Learn what it means, eligibility criteria, why the stock is rising, and what the company manufactures.
Cupid Enters BSE Group 'A' Category Shares
Indian personal care and healthcare products manufacturer Cupid Limited has achieved a major milestone after its shares were upgraded from the BSE Group 'B' category to the BSE Group 'A' category. The Bombay Stock Exchange (BSE) announced the reclassification during its periodic review of listed companies. The move is expected to improve the company's visibility among retail as well as institutional investors.
Although Cupid shares witnessed some profit booking after the announcement, the stock has been one of the best performers in the market over the past year. Investors are n...