Cupid shares rise on launch of new nitrile latex-free product

Cupid Limited, a pharma company manufacturing male and female condoms, lubricant jelly, and diagnostic kits for global healthcare markets, jumped 2.86% to an intraday high of ₹81. The company announced the development of a new nitrile latex-free female condom, targeting a global market expected to exceed $1.2 billion by 2030.