Cupid Shares Jump Nearly 9% After Strong Q1 Earnings
Listen to the story
Shares of a company called Cupid went up by almost 9% in two days. This happened after the company shared its earnings for the first three months of the year.
Cupid's net sales reached Rs 154.72 crore. This is money the company made from selling its products. It is 158.7% more than last year. This is a very big jump.
The company's stock hit a record high. A record high means the price is the highest it has ever been.
Cupid is called a multibagger stock. This means the stock price has grown many times bigger. Over five years, it has given a return of 10,900%.
A return like this means if someone put in a small amount of money, they now have much more money. Many people are talking about this stock now.
Investors are people who buy shares of a company. They hope the price will go up so they can make money.
Cupid's strong quarter made investors happy. A quarter means three months of the year. This is why the share price is rising fast.
Vocabulary15 words
- shares
- small parts of a company that people can buy
- earnings
- money a company reports it made
- net sales
- total money made from selling things
- stock
- another word for a company's shares
- record high
- the highest point ever reached
- multibagger
- a stock that grows many times in value
- investors
- people who put money into a company
- quarter
- a period of three months
- year-on-year
- compared to the same time last year
- crore
- a number equal to ten million
- return
- the money gained from an investment
- standalone
- results for just one company, not a group
- trade
- buying and selling of shares
- rose
- went up
- company
- a business that sells things
Quiz
Answer key
1. Almost 9% 2. 158.7% 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
Shares of a company called Cupid went up by almost _____ in two days. This happened after the company shared its _____ for the first three months of the year.
Cupid's net sales reached Rs 154.72 _____. This is money the company made from selling its products. It is _____% more than last year. This is a very big jump.
The company's _____ hit a record _____. A record high means the price is the highest it has ever been.
Cupid is called a _____ stock. This means the stock price has grown many times bigger. Over _____ years, it has given a return of 10,900%.
_____ are people who buy shares of a company. They hope the price will go up so they can make money.
Cupid's strong _____ made investors happy. A quarter means three months of the year. This is why the share price is rising fast.