Cupid shares jump nearly 20% on new order
Source: IRIS | 25 Jun, 2015, 10.17AM
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Rating: NAN / 5 stars. |
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Cupid witnessed a sharp rise in share price on Thursday after it said that the company has received order worth USD 16.28 million equivalent to approx. Rs 1.03 bn from National Department of Health (NDOH), South Africa. The order is to be executed over next three years starting from Jul. 1, 2015. This new order is in continuation of earlier order which has been already been executed on schedule by the company. Shares of the company are trading at Rs 97, up Rs 16.15, or 19.98% at the Bombay Stock Exchange (BSE) on Thursday at 10:07 a.m.
The scrip has touched an intra-day high of Rs 97 and low of Rs 87. The total volume of shares traded at the BSE is 89,062.
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