- Investors became millionaires in 4 years
- Shares of a condom manufacturing company soared
- Bonus paid 3 times
Multibagger Stock : The stock market sometimes goes down and sometimes goes up. But there are some stocks that are stormy performers. One such condom manufacturing company's share in the Indian stock market has been doing well for the last 4 years. In the last 4 years, it has made investors millionaires by giving huge returns. Not only this, the company has also given free bonus to its shareholders. Let us know in detail which company has performed so well. ( Multibagger Stock)
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Condom selling company Cupid Limited has turned investors into millionaires in just four years. During this period the share price increased from ₹2.33 to ₹279.70. Investors investing just ₹1,00,000 have become millionaires just by holding shares. Interestingly, this year the company has also given bonus shares to investors. Cupid Limited has also completed share distribution.
How was the performance of the company in the last year?
At the market close on Friday, shares of Cupid Ltd rose 1 percent to close at ₹280 on the BSE. Over the past three months, the condom-selling company's share price has risen 79 percent. Over the past six months, the company has returned 221 percent to positional investors. In one year, the stock has gained 596 percent. Cupid Limited has a 52-week high of ₹298.95 and a 52-week low of ₹38.20. The company has a market capitalization of ₹37,650 crore. Share price of Cupid Limited has increased by 12,127 percent in five years.
Investors who invest ₹1 lakh are millionaires
Investors who invested in this IPO four years ago would have earned returns of over ₹1 crore so far. At the same time, investors who had invested 3 years ago have made a profit of Rs 66 lakh so far.
Bonus of 4 shares for every 1 share
In March this year, the company's shares were traded as ex-bonus. At that time, the company offered a bonus of 4 shares for every 1 share. Earlier, the company's shares were traded as ex-bonus in 2023. At that time, the company offered a bonus of 1 share for every 5 shares. The company first offered bonus shares to investors in 2018, according to BSE data. At that time, 1 share was offered as bonus for every 5 shares. It should be noted that in 2024 the shares of Cupid Limited were split. The company split its shares into 10 tranches, reducing the face value by Rs 10 per share.
How is the financial status of the company?
Cupid Limited has reported a profit of Rs 44 crore in the first quarter. In the same quarter last year, the company had made a profit of Rs. The company's operating revenue grew by 159% year-on-year. The revenue of the company during April-June period was Rs.155 crore.
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