Topic: Earning by Loving--> Cupid Ltd. Posted: 24/Nov/2012 at 10:05pm
Cupid Ltd founded in collaboration with Green mate Corporation,of South Korea, in 1993. has a current capacity of over 400 million pieces per annum,for male condoms. Also currently Cupid has the capacity to produce 8 million pieces per year of the female condom. It's facilities near Nashik are located about 200 Km. East of Mumbai.
Promoters are steadily injecting money in the company. Has anyone looked at this company?
looks interesting but the promoters have not been able to scale business it seems. last 5-7 yrs there hasnt been much growth in business and never any dividends. Also, why they are raising capital now?
Where you guys able to get the more info about this company? there website is not launching and it seems they have not submitted any annual reports to BSE .. can't able to get any more details about the company other than numbers...
Looking at growth from past few quarters.. and promoters injecting money in the company..something is positive is happening (i guess) that the market doesn't know.
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