# Cupid promoter buys Rs 163 crore shares despite stock fall 2026-08-17T23:51:23+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet (2 source reports) Cupid promoter Aditya Kumar Halwasiya has increased his stake in the company, buying shares worth Rs 163 crore. Business Today reports that despite his investment, the stock slipped 7.82% to close at Rs 270.90 on Tuesday. The securities of Cupid are placed under the long-term Additional Surveillance Measure (ASM) framework on both BSE and NSE to caution investors about high volatility. Cupid reported a strong performance in the June quarter of FY27. Its net profit rose 194% year-on-year to Rs 44.15 crore, and total income surged 142% to Rs 156.98 crore. EBITDA climbed 265% to Rs 60.06 crore, and the EBITDA margin improved by 1,127 basis points to 39%. Halwasiya said the company has enhanced its FY27 guidance to revenue of Rs 725-750 crore and net profit of Rs 210-225 crore, backed by strong order visibility and sustained demand. Cupid manufactures male and female condoms, personal lubricants, and in-vitro diagnostic kits, along with consumer healthcare and FMCG products. Halwasiya also drew attention by investing in Baazar Style Retail, a value fashion retailer in eastern India. The stock has surged 664% in the past year despite the recent decline. ## Coverage - businesstoday.in - businesstoday.in (2) This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:18:24+00:00. Tags: Aditya Kumar Halwasiya, BSE, Cupid, NSE Canonical: https://indianopinion.org/cupid-promoter-buys-more-shares-stock-falls-8-despite-strong-q1/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/cupid-promoter-buys-more-shares-stock-falls-8-despite-strong-q1/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/