Smallcap Stock Fixes Record Date For Dividend In November, Share Up 6% Intra Day

Cupid Ltd. announces 1st interim dividend of Rs. 2, at the board meeting. 22nd November has been fixed as the record date of the dividend. The company has fixed 24th November, 2022 as the Record Date for the Dividend. Its share price closed at Rs. 249.50, up by 5.65% in intra day trade.

The company's revenue from operations in Q2 FY23 stood at Rs. 4,524.94 lakh, up from Rs. 3,081.62 lakh in the last quarter. Additionally, its total income in Q2 FY23 increased to Rs. 4,620.51 lakh, from Rs. 3,148.87 lakh in the earlier quarter, the company informed today.

"Board of Directors had considered and declared the 1st interim Dividend for the financial year 2022-2023 at the rate of Rs. 2/- per equity share of Rs. 101 each (i.e. 20%). The company has fixed 24th November, 2022 as the Record Date for the purpose of payment of 1st interim Dividend for financial year 2022-23. The payment of 1st interim Dividend for financial year 2022-23 shall be made on 7th December,2022," Cupid Ltd. informed the stock exchanges.

In the last 1 month, the company's share price gained by 4.66%, in the past 6 months this stock's share price gained by 7.68%. However, in the last 5 years its share price increased by 18.20%. The 52-week high level of this stock is Rs. 354, and the 52-week low level of this stock is Rs. 191.25. The small-cap company has a market capitalization of Rs. 333 crore.

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