Most of the people who invest money in the stock market are the dream to get a stock that makes them millionaires overnight for investment. Today we will tell you about one such stock, which made its investors truly crores of husbands in one night. Along with this, we will tell you what is the cost of this stock today and how its fundamentals are.
10 thousand applied 67 crores made
The share we are talking about is the name of Elsid Investment. At the end of the year 2024, there was no share of this stock as much as it was discussed. Actually, till 28 October 2024, the share of this company was 3 rupees 53 paise. But as soon as the market opened on October 29, the price of a share of Elsid Investment suddenly increased to Rs 2 lakh 36 thousand. That is, the share price increased by 66,92,535 per cent in one day.
Why was the price suddenly increased so much
Actually, Elsid Investments are NBFC registered under the investment company category with RBI. It has no business of its own, but the company has invested in many big companies like Asian Paints. In such a situation, on October 29, a special call auction was organized to find out the price of the stock and on this day the shares of the Elsid Investment suddenly reached the price of Rs 2,36,250.
What is the price of this share today
Talking about Tuesday 6 May 2025, the price of the stock was Rs 1,31,200 as the market was closed. This stock recorded a decline of 1.23 percent today. Talking about the last 6 months, the stock has a decline of more than 56 percent.
Talking about the share fundamentals, its current market cap is Rs 2624 crore. Whereas, the stop P/E is 13.9. ROCE is 2.02 percent and ROE is 1.53 percent. The face value of the stock is Rs 10 and its all time high is Rs 3,32,400.
disclaimer: (Here the information provided is being given only for information. It is necessary to tell here that the investment market is subject to risks. Always consult expert before investing money as an investor. There is never advice from Abplive.com to invest money here.)
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