Cupid shares fall 2% after 131% rally in 3 months; Stock reclassified to BSE Group ‘A’

Cupid Limited shares experienced mild profit booking after a significant rally. The company's equity shares were reclassified to BSE Group 'A' recently. Cupid reported strong Q1 FY27 business momentum, exceeding expectations. Management has raised the FY27 revenue guidance by at least ten percent. Elevated valuations and technical indicators suggest investors will monitor future execution closely.