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Mumbai: Condom maker Cupid Ltd on Wednesday said it has signed an agreement to supply 5.9 million pieces of Female Condoms (FC) in Brazil.
Cupid Limited and Vikas Lifecare, both BSE-listed companies, are fighting a legal battle over ownership control in the former. Hari Shankar Tibrewala, a fugitive hawala operator evading ED, has deep connections with both parties involved in the matter.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
The Reserve Bank of India's rate-setting committee will be meeting this week to announce policy rates and also give its commentary on the economy and inflation. D-Street is expected to track this bimonthly event.
Shares of consumer firm Cupid hit their 5 percent upper circuit at ₹1,252.80 apiece, also its new high, on Thursday, after a Mauritius-based FII bought stake in it. It has now skyrocketed 432 percent from its 52-week low of ₹235.30, hit on March 29, 2023.