/ Cupid Recommends Dividend Of Rs 2 Per Share ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 24 May 2017

Cupid Limited on Tuesday reported a net profit of Rs 4.92 crore for the quarter ended March 31, 2017, an increase of 7%, as against Rs 4.62 crores for the same quarter in the previous year, as per BSE filing.

The board of directors at its meeting held on May 23, 2017, has recommended the final dividend at the rate of Rs. 2 per equity share of Rs. 10 each (i.e. 20%), for the financial year ended 2016-2017.

Meanwhile, the stock is down by 9.93% at Rs 282 per share at 14:50 hours IST on BSE. It witnessed a spurt in the volume by more than 7.74 times.

Cupid Limited is engaged in the business of business of dealing, marketing and manufacture of rubber contraceptives and allied prophylactic products.

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