Stock Report

Cupid Breweries and Distilleries Ltd successfully listed on BSE with ambitious Player in AlcoBev Industry

Posted On : 2024-12-04 08:35:31( TIMEZONE : IST )

Cupid Breweries and Distilleries Limited (BSE: 512361), (formerly known as Cupid Trades & Finance Limited), on occasion of successful listing of its shares on the Bombay Stock Exchange (BSE) with the open market price of Rs. 24.45 under the Scrip ID "CUPIDALBV", as per BSE Order dated November 28, 2024, which is a very significant milestone in the Company's journey.

With 'SPIRIT' to Create Wealth as Passion, Focus on Sustainable Growth, Brand Development, Expanding Product Reach Across National & International Markets, well-articulated Business model, Offering the Best Quality AlcoBev Products, Produced in house with World Class Equipments, to Up-lift the "SPIRIT" of Cupid alcobev Consumers with Blended Spirits of Consistency, Continuity and Commitment."

Promoters:

Mr. Erramilli Venkatachalam Prasad, Promoter, Chairman cum Managing Director brings decades of experience in management and operations in the brewing and distillery sectors. His leadership is set to drive the Company's vision of becoming an industry leader.

Dr. Lily Bhagvandas Rodrigues, Promoter Director, she being a professional practicing doctor, physician & Diabetologist brings a wealth of expertise in clinical research activities, complementing the strategic focus of the Company.

Mr. Erramilli Rishab, Promoter Director, brings a fresh perspective to the team with his strong academic background in engineering and a passion for innovation and excellence. His addition further strengthens the leadership's commitment to driving the Company's success.

Leadership Team:

Mr. Samavedam Sri Venkata Rajeswara Rao, Director is a highly skilled professional with extensive expertise in capital structuring and financial planning, setting up new units, and securing external commercial ratings.

Mr. Parag Mitra, Director brings invaluable insights from his 30 years of extensive experience in Brewery Industry.

Shares of Cupid Breweries and Distilleries Limited was last trading in BSE at Rs. 25.67 as compared to the previous close of Rs. 16.30. The total number of shares traded during the day was 1915 in over 19 trades.

The stock hit an intraday high of Rs. 25.67 and intraday low of 24.45. The net turnover during the day was Rs. 48911.00.