Bengaluru, June 4 -- This Small- Cap Pharma Stock, engaged in manufacturing and marketing male and female condoms, personal lubricants, and diagnostic products, serving healthcare and wellness markets across India and globally, jumped 2.85 percent after the promoter bought 21 lakh shares in the company

With a market capitalization of Rs. 17,810.03 crores, the share of Cupid Limited has reached an intraday high of Rs. 133.50 per equity share, rising nearly 2.85 percent from its previous day's close price of Rs. 129.80. Since then, the stock has retreated and is currently trading at Rs. 132.45 per equity share.

Reason Behind the Surge

Cupid Limited informed the stock exchanges that its Chairman and Managing Director, Mr Aditya Kumar Halw...