Elcid Investments Ltd

(503681)

Elcid Investments Faces Post-Results Decline - 20 Nov, 2024

Elcid Investments reported a 143.5% YoY revenue increase but a 68.53% sequential decline. Following disappointing Q2 results, the stock fell 14.52% in five sessions, down 28% from its peak. Analysts remain cautious due to low liquidity and reliance on investment performance.

Elcid Investments Faces Significant Price Correction - 16 Nov, 2024

Elcid Investments shares have fallen over Rs 63,000 since November 8, 2024, marking a 19.02% drop from its 52-week high of Rs 3,32,399.94. The stock's dramatic rise and subsequent decline highlight its volatility in the market.

Elcid Investments Reports Strong Growth in Q3 2024 - 14 Nov, 2024

Elcid Investments reported a significant increase in net sales, up 131.28% year-on-year to Rs 35.68 crore for September 2024. Net profit surged 147.36% to Rs 28.07 crore, with EBITDA rising 132.87%. The EPS also increased substantially, reflecting strong financial performance. The stock has shown remarkable returns over the past year.

Elcid Investments Reports Strong Q2 FY24 Growth - 12 Nov, 2024

Elcid Investments posted a net profit of Rs 43.47 crore in Q2 FY24, a 179.37% YoY increase. Revenue surged 149.62% YoY to Rs 56.34 crore. Despite a remarkable share price rise, the stock trades below its book value, currently locked at a 5% lower circuit at Rs 2,98,252.25.

Elcid Investments Surpasses ₹3 Lakh Mark - 06 Nov, 2024

Elcid Investments shares crossed ₹3 lakh following a special price discovery exercise, with a 139% increase in net profit for FY24. The stock has surged 21% in five days, becoming the most expensive stock in India, surpassing MRF.

Elcid Investments Becomes India's Most Expensive Stock - 04 Nov, 2024

Elcid Investments has seen a remarkable surge in its stock price, reaching ₹2.73 lakh after a special BSE auction. The stock has risen over 21% in four sessions, surpassing MRF to become India's most expensive stock, despite being significantly undervalued compared to its book value of ₹5.84 lakh.

Elcid Investments Becomes India's Most Expensive Stock - 02 Nov, 2024

Elcid Investments' stock price skyrocketed during Diwali 2024 trading, reaching Rs 2,60,465.60, doubling MRF's price. The surge followed a special auction session, marking an unprecedented gain.

Elcid Investments Hits Upper Circuit Amid Diwali Rally - 01 Nov, 2024

Elcid Investments continues its remarkable rise, hitting upper circuit limits with a 5% increase during Muhurat trading, reaching Rs 260,465.60. The stock has surged 66,92,535% since October 29, establishing itself as India's most expensive stock. The company also maintains a strong dividend yield despite the recent price surge.

Elcid Investments Becomes India's Most Expensive Stock - 31 Oct, 2024

Elcid Investments' shares skyrocketed following a special call auction, achieving unprecedented returns and surpassing MRF as India's highest-priced stock. The surge is attributed to a SEBI mechanism aimed at fair value discovery for undervalued holding companies.

Elcid Investments Achieves Historic Price Surge - 30 Oct, 2024

Elcid Investments' stock skyrocketed 66,92,535% on October 29, reaching Rs 2,36,250, surpassing MRF to become India's most expensive stock, following a special price discovery auction.

Elcid Investments Becomes India's Most Expensive Stock - 29 Oct, 2024

Elcid Investments' stock price skyrocketed from Rs 3.53 to Rs 2,36,250 in a single day, surpassing MRF as India's highest-priced stock due to a special call auction for price discovery.