New Delhi, July 8 -- Shares of multibagger Cupid reversed their recent bull run in Wednesday's trade (July 8), plunging 11% to Rs.197 apiece. At one point during the session, the stock had tumbled as much as 20% to an intraday low of Rs.178 before recovering nearly half of its losses by the close.

The stock opened higher at Rs.222 apiece and extended its gains to hit a record high of Rs.226. However, a broad-based sell-off during the second half of the session wiped out all its gains, sending the stock to one of its steepest single-day declines of 2026.

This was the biggest intraday crash that the stock has seen since 2 January, when it crashed 20%. Today's sharp decline also marked a stark reversal in the stock's remarkable rally, endi...