Tag: penny stock

Elcid Investments: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, February 1, 2023.(Niharika Kulkarni/Reuters)
Posted in Business

You could have made ₹70 crore by investing ₹10,000 into Elcid Industries stock a year ago

Elcid Investments Ltd which initially started out as a penny stock has now hit ₹2,36,250, surpassing even MRF Ltd to become India’s costliest stock to…

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An important reason for Elcid Investments to be priced this high is that it holds 2,83,13,860 equity shares or a 2.95% stake in Asian Paints Ltd, which is worth close to <span class=
Posted in Business

India’s costliest stock went from ₹3 to ₹2,36,250, here’s how

Initially starting out as a penny stock worth ₹3.21 (as at July 2024), Elcid Investments Ltd shares hit ₹2,25,000 in fair value and rose another…

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Penny Stock: Once China’s top builder, Country Garden turns into penny stock
Posted in China News

Penny Stock: Once China’s top builder, Country Garden turns into penny stock

BEIJING: Country Garden Holdings Co, formerly China’s largest developer by sales, has become a Hong Kong penny stock amid increasing scrutiny of its operations and…

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