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The proposed venture envisages the establishment of a suitable entity and manufacturing facility in South Africa for the manufacture, processing, testing, packaging, marketing and supply of male condoms and related products.
Under the proposed structure, Cupid is expected to hold up to 49% of the equity share capital, while the South African partner and/or its qualifying local shareholders would hold at least 51% and retain control, in line with applicable South African ownership, localisation, transformation, procurement and tender requirements.
Cupid Ltd, Schneider Electric Infrastructure Ltd, Belrise Industries Ltd and NMDC Steel Ltd are among the other losers in the BSE's 'A' group today, 17 August 2026.
Zaggle Prepaid Ocean Services Ltd tumbled 20.00% to Rs 160.45 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 16.23 lakh shares were traded on the counter so far as against the average daily volumes of 36046 shares in the past one month.
Cupid Ltd lost 18.62% to Rs 239. The stock was the second biggest loser in 'A' group.On the BSE, 41.31 lakh shares were traded on the counter so far as against the average daily volumes of 27.03 lakh shares in the past one month.
Schneider Electric Infrastructure Ltd crashed 11.58% to Rs 1210. The stock was the third biggest loser in 'A' group.On the BSE, 98041 shares were traded on the counter so far as against the average daily volumes of 33749 shares in the past one month.
Belrise Industries Ltd pared 8.18% to Rs 234.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 13.75 lakh shares were traded on the counter so far as against the average daily volumes of 3.38 lakh shares in the past one month.
NMDC Steel Ltd dropped 5.82% to Rs 41.9. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.16 lakh shares were traded on the counter so far as against the average daily volumes of 2.38 lakh shares in the past one month.
For the full year,net profit rose 164.69% to Rs 108.23 crore in the year ended March 2026 as against Rs 40.89 crore during the previous year ended March 2025. Sales rose 94.92% to Rs 357.71 crore in the year ended March 2026 as against Rs 183.52 crore during the previous year ended March 2025.
Apollo Pipes Ltd, Wealth First Portfolio Managers Ltd, R Systems International Ltd and A-1 Ltd are among the other gainers in the BSE's 'B' group today, 09 March 2026.
Cupid Ltd soared 12.31% to Rs 90.3 at 09-Mar-2026 EOD IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 48.88 lakh shares were traded on the counter so far as against the average daily volumes of 2.92 lakh shares in the past one month.
Apollo Pipes Ltd spiked 11.73% to Rs 389.6. The stock was the second biggest gainer in 'B' group. On the BSE, 90472 shares were traded on the counter so far as against the average daily volumes of 47398 shares in the past one month.
Wealth First Portfolio Managers Ltd surged 10.55% to Rs 1006. The stock was the third biggest gainer in 'B' group. On the BSE, 70 shares were traded on the counter so far as against the average daily volumes of 122 shares in the past one month.
R Systems International Ltd exploded 10.02% to Rs 283.9. The stock was the fourth biggest gainer in 'B' group. On the BSE, 15.18 lakh shares were traded on the counter so far as against the average daily volumes of 7108 shares in the past one month.
A-1 Ltd advanced 9.96% to Rs 22.63. The stock was the fifth biggest gainer in 'B' group. On the BSE, 12.81 lakh shares were traded on the counter so far as against the average daily volumes of 15.55 lakh shares in the past one month.