Cupid Ltd's Stock Sees Third Consecutive Day of Losses, But Long-Term Performance Remains Strong

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 -3.76%. This marks the third consecutive day of losses for the company, with a total decline of -14.26% in this period.

The stock also opened with a gap down of -5%, touching an intraday low of Rs 2107.8. However, it is worth noting that Cupid Ltd's stock is still performing well in the long term, with its moving averages higher than the 50 day, 100 day, and 200 day averages. It is only lower than the 5 day and 20 day moving averages.

In comparison to the overall market performance, Cupid Ltd's stock has seen a -5.00% decline in the past day, while the Sensex has only seen a -0.72% decline. However, in the past month, Cupid Ltd's stock has seen a 4.09% increase, outperforming the Sensex's 0.72% growth.

While the stock call for Cupid Ltd remains 'Hold' according to MarketsMOJO, investors should keep an eye on the company's performance in the coming days. With its recent decline, it will be interesting to see if Cupid Ltd can bounce back and continue its positive long-term trend.