By BullScreen Editorial Team 
Shares of Cupid Limited rose nearly 3% in intraday trade after the company announced its entry into the premium nitrile (latex-free) female condom segment, a fast-growing global niche with limited competition.
The stock touched ₹81 before easing to ₹80.70, reflecting investor optimism around the company’s move into a high-margin category. The global female condom market, valued at about $770 million in 2024, is projected to cross $1.2 billion by 2030, with strong demand from global health agencies.
Cupid is developing a nitrile-based product to reduce reliance on a single dominant supplier globally. The company has also commissioned a dual-polymer manufacturing facility capable of producing both latex and nitrile condoms, positioning it uniquely in India.
Nitrile condoms typically command 25–35% higher pricing than latex variants, offering better profitability. Cupid’s expanded capacity and presence in over 50 countries could further strengthen its export-led growth.
The company expects FY26 to be its strongest year yet, backed by a robust order book, rising retail presence, and improving financial performance.