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ELCID INVESTMENT DELISTING
After decade-long tussle, will Elcid finally exit D-Street at 9,50,000% premium?The promoter family has made several unsuccessful attempts to delist the counter in the last few years. Elcid investment holds about 4.3 pe...- Promoters willing to pay 9,47,000% premium to delist this penny stockPrima facie, the stock, which has a market cap of just Rs 34 lakh, appears to be a dud penny stock with minimal possible trading volumes.
- Intrinsic value Rs 4 lakh, CMP Rs 15, grey market price Rs 85K: Grab this stock if you canThe scrip has changed hands only 33 times since October 2016. In 2021, it was last traded on January 28, with a single share being traded.
- 9,00,000% premium! Yes, this penny stock is seeking eye-popping price in grey marketThe unlisted market is the place where illiquid, delisted and rarest of rare stocks get traded unofficially at a premium price. But the que...
- This stock is worth Rs 1 lakh, but trades at Rs 6: Lot many buyers, but no sellersThe stock was last traded on August 9, 2018, when it hit the 5 per cent upper circuit at Rs 5.89.
- Investors move HC on Elcid stock-price issueSeveral buyers are willing to buy shares in Elcid but no seller is willing to sell due to the vast disparity in real and market price.
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