Cupid is trading 5.5% up now at ₹284.10 after promoter Aditya Kumar Halwasiya disclosed additional open-market buying.
- He acquired 1,395,538 shares on August 17, lifting his personal holding from 33.29% to 33.39% and promoter-group ownership from 46.24% to 46.34%.
- A further 803,000-share purchase was disclosed for August 18, reinforcing the company-specific bullish signal.
- Cupid appointed Keral Prasad Yadaw as an additional independent director for five years, subject to shareholder approval; promoter accumulation appears the clearer catalyst.