Shares of Elcid Investments are dominating the market these days. The company’s shares have changed the fortunes of investors in just 7 days. Shares of Elcid Investments rose 5 percent to Rs 316,597.45 in BSE on Thursday. The company’s shares have increased from Rs 3.53 to Rs 300000 in just 7 days. The company’s shares have risen by more than 15 percent in the last 5 days. The company’s shares have jumped more than Rs 43000 during this period.
Shares rose from Rs 3.53 to Rs 2.36 lakh in a single day
Shares of Elcid Investments have been in the news since last week. The company’s shares rose from Rs 3.53 to Rs 2,36,250 in a single day on October 29, Making It the most expensive stock in the Indian market. This rise in shares of Elcid Investments was due to a special call auction organized by BSE and NSE to discover the prices of investment holding companies.
The company’s shares rose by more than n Rs 43000 in 5 days
Elcid Investments’ shares have risen more than 15 percent in the last five days, climbing by Rs 43,108 during this period. The company’s 52-week high is Rs 3,16,597.44, and its 52-week low is Rs 3.37.
Elcid Investments holds Asian Paints shares worth Rs 8200 crore
Alcid Investments has a 2.95 percent stake in Asian Paints, which is valued at Rs 8200 crore as per Wednesday’s closing. At the same time, the market cap of Alcid Investments has crossed Rs 6330 crore. Apart from the managing director, there are only 3 permanent employees on the role in the company. In the financial year 2024, the net profit of Alcid Investments has increased by 139 percent to Rs 176 crore.
