Cupid Ltd's Stock Sees 6th Consecutive Day of Decline, Underperforms Sector by -3.25%

Cupid Ltd, a smallcap company in the rubber products industry, saw a decline in its stock price today. According to MarketsMOJO, the stock opened with a loss of -5.0% and underperformed the sector by -3.25%. This marks the sixth consecutive day of losses for the company, with a total decline of -25.28% in this period.

The stock also opened with a gap down of -5%, touching an intraday low of Rs 1820.85. However, it is worth noting that Cupid Ltd's moving averages are currently higher than its 100-day and 200-day moving averages, but lower than its 5-day, 20-day, and 50-day moving averages.

In comparison to the Sensex performance, Cupid Ltd's 1-day performance is -4.16% while the Sensex only saw a decline of -0.25%. Similarly, the company's 1-month performance is -19.67% compared to the Sensex's -1.67%.

Based on these numbers, MarketsMOJO has given a 'Hold' call for Cupid Ltd's stock. While the company has been facing a downward trend in its stock price, it is important to note that this is a smallcap company in the rubber products industry and may be more susceptible to market fluctuations. Investors are advised to do their own research and make informed decisions before investing in Cupid Ltd.