Cupid Updates on Expansion Project

Cupid Ltd has announced that expansion project to manufacture 80 millions pcs of condoms has been completed & commercial production has started w.e.f. March 01, 2007.

The total production capacity has been increased from 160 million pcs p.a. to 240 million p.a. after expansion.

The shares of the company were trading at Rs.41.60, up by Re.0.50 or 1.22% on volume of 68680 shares compared to 2 week average quantity of 79685. The stock hit an intraday high of Rs.42.80 and low of Rs.40.

Source : Equity Bulls

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