Nippon Life AMC, Cupid Shares Soar on Strong Q3 Earnings; Deepak Fertilisers Plunge

• Nippon Life India AMC shares rose 3.1% after a 37% increase in Q3 consolidated net profit and 20% revenue growth.
• Motilal Oswal and BOBCaps analysts noted improved yields, lower expenses, and consistent fund performance contributing to Nippon Life AMC's strong results.
• Cupid Ltd shares surged 13.3% as its Q3 consolidated net profit more than doubled to Rs 33 crore and revenue increased by 101%.
• Deepak Fertilisers and Petrochemicals shares dropped nearly 9% due to a 44% fall in Q3 profit.
• Deepak Fertilisers' profit decline was attributed to softer agrochemicals demand and rising input costs, impacting margins.

Why It Matters: Strong Q3 earnings boosted Nippon Life AMC and Cupid shares, while Deepak Fertilisers fell due to profit decline.