{"id":141295,"date":"2024-12-23T15:47:10","date_gmt":"2024-12-23T10:17:10","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=141295"},"modified":"2024-12-23T15:53:20","modified_gmt":"2024-12-23T10:23:20","slug":"pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms\/","title":{"rendered":"Pharma stock jumps 5% after receiving supply order worth \u20b918 Cr from UNFPA for condoms\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-400418454\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>In Monday\u2019s trading session, the shares of one of the leading Pharma stocks specialised in the manufacturing of female condoms, personal lubricant, and IVD kits jumps upto 5 percent&nbsp; upon receiving new work order worth ~Rs. 18.20 crores from United Nations Population Fund (UNFPA).<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-910640646\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of 2,114.45 Crores on Monday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/CUPID\" target=\"_blank\" rel=\"noreferrer noopener\">Cupid Limited<\/a><\/strong> is up by 4.95 percent making a high of Rs 83.95 compared to its previous closing price of Rs 77.92.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>Cupid Limited&nbsp; specialised in the manufacturing of female condoms, personal lubricant, and IVD kits, has received a new work order.<\/p><p>Cupid Limited has received a new work order valued at ~Rs. 18.20 crores from <strong>United Nations Population Fund (UNFPA)<\/strong> for ) for supply of Male Condoms and Female Condoms.<\/p><div class=\"trade-content_5\" id=\"trade-4031360328\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The orders are part of a Long-Term Agreement (LTA) with UNFPA, an international entity, and contracts are direct orders to be executed between March and May 2025.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Cupid Limited is one of the leading Pharma stocks specialized in design, development, and manufacturing of medical devices, primarily focusing on contraceptive products.<\/p><p>Cupid Ltd has expanded its product portfolio to include male and female condoms, pregnancy test kits, and other medical devices, contributing to its position as a key provider in the healthcare sector.<\/p><p>The company operates with a strong commitment to quality, innovation, and affordability, aiming to provide effective and accessible healthcare solutions to a diverse customer base across more than 100 countries. It holds multiple patents for its technologies and products, further strengthening its competitive edge.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key operational Highlights<\/strong><\/h2><p>The design of the greenfield plant at Palava is ready, and the plant is expected to be operational by the end of the calendar year 2025 and the company has launched its B2C business with perfume products, and hair oils, massage oils, and creams are currently under development.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose by 29.7 percent from Rs 36.45 crore to Rs 47.29 crore in Q2FY24-25. Meanwhile, Net profit rose from Rs 5.12 crores to Rs 10.04 crore during the same period.<\/p><div class=\"trade-content-10\" id=\"trade-1477846192\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key Financial ratios<\/strong><\/h2><p>Cupid Limited has an impressive&nbsp; Return on Equity&nbsp; (RoE)&nbsp; of 15.87&nbsp; percent and a Return on Capital Employed&nbsp; (RoCE) of 21.08 percent.&nbsp; Furthermore, the company&#8217;s debt-to-equity ratio is 0.05.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-1373164855\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>In Monday\u2019s trading session, the shares of one of the leading Pharma stocks specialised in the manufacturing of female condoms, personal lubricant, and IVD kits jumps upto 5 percent&nbsp; upon receiving new work order worth ~Rs. 18.20 crores from United Nations Population Fund (UNFPA). Price action With a market capitalization of 2,114.45 Crores on Monday, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":49884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[25713,25715,15654,948,936],"class_list":["post-141295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-cupid-limited","tag-cupid-limited-latest-order","tag-pharma-stock-news","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pharma stock jumps 5% after receiving supply order worth \u20b918 Cr from UNFPA for condoms\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"In Monday\u2019s trading session, the shares of one of the leading Pharma stocks specialised in the manufacturing of female condoms, personal lubricant, and IVD kits jumps upto 5 percent\u00a0 upon receiving new work order worth ~Rs. 18.20 crores from United Nations Population Fund (UNFPA).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma stock jumps 5% after receiving supply order worth \u20b918 Cr from UNFPA for condoms\u00a0\" \/>\n<meta property=\"og:description\" content=\"In Monday\u2019s trading session, the shares of one of the leading Pharma stocks specialised in the manufacturing of female condoms, personal lubricant, and IVD kits jumps upto 5 percent\u00a0 upon receiving new work order worth ~Rs. 18.20 crores from United Nations Population Fund (UNFPA).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-23T10:17:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-23T10:23:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Pharma-1-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms\/\",\"url\":\"https:\/\/tradebrains.in\/features\/pharma-stock-jumps-5-after-receiving-supply-order-worth-18-cr-from-unfpa-for-condoms\/\",\"name\":\"Pharma stock jumps 5% after receiving supply order worth \u20b918 Cr from UNFPA for condoms\u00a0 - 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