Cupid and TFCI Shares Plunge 20 Percent, Triggering Lower Circuit
3 hours agoBusiness
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1 SourcesMumbai, India
TBNthebalanced.news
Cupid and TFCI Shares Plunge 20 Percent, Triggering Lower Circuit

Shares of Cupid Ltd. and Tourism Finance Corporation of India Ltd. (TFCI) experienced a sharp decline on January 2, hitting the 20 percent lower circuit. Neither company has issued an official statement to explain the sudden drop, leading to investor concern. Market observers suggest speculative trading or market pressures may be factors. Despite the recent fall, TFCI shares had nearly doubled in 2025, marking five consecutive years of positive returns, while Cupid shares have seen significant gains this year.

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