New Delhi, Dec. 31 -- Keeping its bull run intact for the fifth consecutive session, Cupid share price surged 2.10% in Wednesday's trade, December 31, to a fresh record high of Rs.520.15 on NSE, taking the cumulative five-day gain to 10.6%.

The latest rally in Cupid share price followed a key strategic update from the company. In a filing to the exchanges on December 29, Cupid Limited stated that its board has granted in-principle approval to set up a new FMCG manufacturing facility in the Kingdom of Saudi Arabia.

This will be the company's first manufacturing plant outside India, marking an important milestone in its international expansion journey. The proposed facility is intended to support Cupid Limited's FMCG growth strategy and s...