66,92,535% jump! If trees don't grow to the sky then how did Elcid shares defy gravity

  • Posted on October 30, 2024
  • By Business News Today
  • 1 Views
66,92,535% jump! If trees don't grow to the sky then how did Elcid shares defy gravity

Elcid Investments, a small-cap stock, experienced an unprecedented 66,92,535% surge in a single trading day, making it India's most highly priced stock. This surge followed a SEBI-directed special price discovery session aimed at fair value assessment, leading to significant price corrections and highlighting Elcid's understated book value.
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