Back to feeds

Aakash kashyap

Stealthย โ€ขย 3m

Elcid Investments Ltd's share price skyrocketed to โ‚น2,36,250 after its relisting on the Bombay Stock Exchange in October 2024.๐Ÿ”ฅ Elcid Investments Ltd operates as an investment holding company. It primarily holds stakes in other companies, with a significant portion of its portfolio being a 2.95% equity stake in Asian Paints Ltd. ๐Ÿ“ˆ This spike is primarily due to the extremely limited number of shares available for trading, leading to liquidity issues. With very few shares being traded (only around 241), the price skyrocketed as demand overtook supply. The company's financial stability, strong reserves, and historical performance also played a role in maintaining investor confidence. ๐Ÿ’ฌ

13 replies15 likes
1
Replies (13)

More like this

Recommendations from Medial

Image Description
Image Description

financialnews

Stealthย โ€ขย 3m

Elcid Investments From 3โ‚น To 2,36,250โ‚น The Smallcap Stock That Delivered a Staggering 66,92,535% One-Day Return, Shattering MRF's Record In a jaw-dropping turn of events, smallcap stock Elcid Investments has achieved what seems nearly impossibleโ€”a

See More
3 replies9 likes
Image Description
Image Description

Jeet Sarkar

Stealthย โ€ขย 11m

Nazara Technologies Ltd, a Mumbai-based mobile gaming and sports media company, has issued shares worth Rs 100 crore to Nithin Kamath and Nikhil Kamath, the founders of Zerodha. The move is part of a broader investment in which Nazara allocated 28.

See More
5 replies24 likes
Image Description
Image Description

financialnews

Stealthย โ€ขย 3m

'Buy Suzlon', says Morgan Stanley after stock corrects sharply from peak Brokerage firm Morgan Stanley has upgraded shares of wind energy solutions provider Suzlon Energy Ltd. to "overweight" from its earlier rating of "equalweight" on Tuesday, Nove

See More
5 replies3 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealthย โ€ขย 3m

Swiggy IPO: Is It Worth It? โ€ข Swiggy 's IPO will open between November 6th and November 8th, aiming to raise 11700 crores at a valuation of $11.3 billion. โ€ข The share price is between 371 and 390 rupees per share. The offering includes fresh issue

See More
2 replies5 likes
Anonymous

UK-based Vodafone Group Plc is reportedly looking to invest as much as Rs 3,000 crore of equity in its Indian telecom joint venture (JV) Vodafone Idea Ltd., Moneycontrol reported. The report comes after the UK-based company announced that it had so

See More
0 replies4 likes
Image Description
Image Description

Hemanth Varma

Stealthย โ€ขย 3m

Ola Electric shares crashed 51% from record high level; here's what investors can do The Centre has intensified its scrutiny of Ola Electric's handling of consumer complaints, following a showcause notice issued by the Central Consumer Protection Au

See More
5 replies3 likes
Image Description
Image Description

Business Creator

Stealthย โ€ขย 1m

As of January 22, 2025, the National Stock Exchange of India (NSE) has not yet released the block deal data for today. Block deal information is typically published after the trading session concludes. You can access the latest block deal data on the

See More
2 replies3 likes
Image Description
Image Description

Dhanush R

Stealthย โ€ขย 3m

NTPC Green Energy IPO: NTPC Green Energy, a subsidiary of NTPC, plans to raise Rs. 10,000 Crores by issuing 92.59 crore fresh shares in its IPO. The price band for shares is set between Rs. 102 to Rs. 108, with the subscription period running

See More
5 replies2 likes

financialnews

Stealthย โ€ขย 4m

Bajaj Auto share price drops over 8% after Q2 results. Should you buy the stock? *Bajaj Auto Shares Fall Over 8% After Q2 Earnings: What Should Investors Do?** Bajaj Autoโ€™s stock dropped by over 8% in early trading on Thursday following the release

See More
0 replies5 likes

Cryptoreach

Stealthย โ€ขย 1m

Goatseus Maximus is a cryptocurrency token on the Solana blockchain, known as the $GOAT. It combines fun internet memes with financial goals to enable fast and secure transactions. Tech expert Andy Ayrey created it to give users a unique and rewardin

See More
0 replies8 likes

Download the medial app to read full posts, comements and news.