Cupid Stock Hits 52-Week Low Amid Broader Sector Challenges and Market Volatility

Feb 17 2025 10:05 AM IST
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Cupid, a small-cap rubber products company, has hit a new 52-week low, reflecting significant volatility and a notable decline over the past two days. Despite this, the stock has shown some resilience compared to its sector. Over the past year, Cupid has experienced a substantial drop, contrasting with broader market gains.
Cupid, a small-cap player in the rubber products industry, has experienced significant volatility today, reaching a new 52-week low of Rs. 66. This decline marks a notable performance dip, as the stock has fallen by 8.93% over the past two days. Despite this downturn, Cupid's performance today has outpaced its sector by 2.7%, indicating some resilience amid broader market challenges.

The stock's intraday low of Rs. 66 reflects a decrease of 4.73% from previous levels. Cupid is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in its price action. Over the past year, Cupid has faced a substantial decline of 35.45%, contrasting sharply with the Sensex, which has gained 4.06% during the same period.

The rubber products sector as a whole has also seen a downturn, with a decline of 6.35%. This context highlights the challenges faced by Cupid as it navigates a difficult market environment.
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