What happens when a smallcap stock skyrockets by over 66,000% in a day? Find out the secret behind Elcid Investments' jaw-dropping journey!
If you thought that the stock market was only for the thrill-seekers, then the recent phenomenon surrounding Elcid Investments will surely have you on the edge of your seat! In a move that left many stunned, Elcid’s stock price jumped from a mere Rs 3.53 to a staggering Rs 236250 in just one day during a special call auction designated for price discovery. This astronomical increase has catapulted the company into the limelight, winning the hearts of speculators and investors alike, eager to understand the mechanics behind such dizzying returns.
But wait, there's more! This isn’t just a one-off situation. The allure of smallcap stocks has always enticed investors, and the tale of Elcid is not very different from other high-fliers like MRF Limited and Honeywell Automation Limited. These companies often come with thick price tags, leading to the common notion that higher prices equate to richer returns. However, Elcid has flouted all rules by demonstrating that even a small investment can reimagine one’s portfolio in ways never anticipated, showing that when it comes to stocks, size doesn’t really matter.
As the news of Elcid's sudden rise spreads like wildfire, many are questioning whether this spike was just a fluke or the start of a trend that could redefine investing norms. The savvy investor mindset embraces risk, and while riding this unpredictable wave, it’s essential not to lose focus on fundamental analysis and market conditions. Can the immense return in just one day set a new benchmark for investing in smallcap stocks? Only time will tell, but the financial community is all eyes and ears.
As thrilling as the numbers are, it's interesting to note that the Indian stock market has seen its fair share of jaw-dropping returns in the past, with records being set more often than one might believe. For instance, the world's fastest-growing economies often feature equally dynamic stock markets. The notion that investing in volatile stocks can yield massive rewards definitely holds true, but remember, for every miraculous rise, caution is your best friend. Never invest more than you can afford to lose!
Elcid Investments' stock price surged from Rs 3.53 to Rs 236250 in a single day during a special call auction for price discovery.
Indian investors are attracted to high-priced stocks like MRF Limited, Honeywell Automation Limited, and many others due to their association with strong, ...
Shares of Elcid were frozen at Rs 3.21 apiece for the past year, with barely any buyers or sellers in the counter.
The company currently doesn't have any of its own operational business, but it has a lot of investments in other big companies.
இந்திய பங்குச் சந்தையில் மிகவும் விலையுயர்ந்த பங்கு எது என்று நீங்கள் நினைத்தால், அது எம்.ஆர்.எஃப் லிமிடெட்டின் பங்காக தான் இருக்கும் ...
ஜூலையில் 3 ரூபாய்; இன்று 2,36,000 ரூபாய் ; MRFஐ முந்தி விலையுயர்ந்த பங்காக மாறிய Penny Stock எது தெரியுமா? Penny Stock : சுமார் 1.2 லட்சம் ...
Elcid Investments stock skyrockets 6.7 million percent, surpassing MRF as India's highest-priced stock, due to special auction session.
Shares of the Mumbai-based investment firm soared nearly 50% on the BSE to end the session at ₹2,36250. In contrast, the stock of MRF closed at ₹1 ...
It is an investment holding company. A smallcap stock Elcid Investments has broken all-record in the history of Indian stock market by skyrocketing 66,92,535 ...
இந்திய பங்குச் சந்தையில் மிகவும் விலையுயர்ந்த பங்கு எது என்று நீங்கள் நினைத்தால், அது எம்.ஆர்.எஃப் லிமிடெட்டின் பங்காக தான் இருக்கும் ...
So when Elcid Investments, a little-known sparsely traded micro-cap holding company made this eye-popping surge in Tuesday's trade, Dalal Street ...
Initially starting out as a penny stock worth ₹3.21, Elcid Investments Ltd shares hit ₹2,25000 in fair value and rose another 5% to close at ₹2,36250.
Elcid Investments has surged from ₹3.53 to ₹2.36 lakhs in one trading session, becoming India's most expensive stock. This unprecedented rise was fueled ...
Most Expensive Stock: कंपनी की हाई बुक वैल्यू के दम पर दिखी इस भारी बढ़ोतरी ने MRF के स्टॉक प्राइस को पीछे छोड़ते हुए एल्सिड को भारत का ...
Elcid Investments, a small-cap stock, experienced an unprecedented 66,92535% surge in a single trading day, making it India's most highly priced stock.
Most Costly Stock In India: शेयर बाजार में सबसे महंगे शेयर की बात होती है तो टायर कंपनी-एमआरएफ लिमिटेड (MRF Limited) का जिक्र होता है।
एलसिड इन्वेस्टमेंट्स का शेयर मूल्य एक दिन में 3.53 रुपये से 2,36250 रुपये हो गया ऐसा विशेष कॉल ऑक्शन के कारण हुआ।
In FY24, the company gave a dividend of Rs 25 in FY24, which translates into an industry best dividend yield of over 708%. Dividend yield is calculated by ...
Elcid Investments, based in Mumbai, is a non-banking financial company (NBFC) with a strong connection to Asian Paints.
यह स्टॉक साल 2024 में केवल एक बार 21 जून को 3.53 रुपये प्रति शेयर पर कारोबार किया था और केवल 500 शेयरों का आदान-प्रदान किया.
The share price of Elcid Investments, which had been frozen at ₹3.53 apiece since June 21, 2024, touched a high of ₹2,36250 after relisting on Oct 29.
Elcid Investment के स्टॉक ने शेयर मार्केट निवेशकों के बीच तहलका मचा दिया है. कंपनी ने एक ही दिन में निवेशकों को करोड़पति बना दिया है.
Elcid Investments has made headlines after its stock price skyrocketed, turning a Rs 10,000 investment into a staggering Rs 67 crore in just a few months.
Elcid Investments shares skyrocketed 6.7 million percent, surpassing MRF, due to a special call auction with no price bands.