Elcid Investments' stock soared to ₹2,73,488.85, becoming India's most expensive stock.

Elcid Investments' stock surged to ₹2,73,488.85, making it India's most expensive stock after a special call auction by the Bombay Stock Exchange (BSE) and new price discovery rules from the Securities and Exchange Board of India (SEBI). The stock jumped from ₹3.53 to ₹2,36,250 on October 29, significantly increasing its value. Despite this rise, Elcid's market price remains below its book value of ₹5.85 lakh per share.

November 04, 2024
3 Articles