## Share Price of Elcid Investments: Detailed Analysis and Insights

Elcid Investments Ltd. is a little-known but highly-discussed stock in the Indian market, renowned for its extremely high share price and unique fundamentals. This article explores the reasons behind its premium valuation, analyzes its share price history, and answers key questions investors often have about Elcid Investments.

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### What is Elcid Investments?

Elcid Investments Ltd. is a non-banking financial company (NBFC) listed on the Bombay Stock Exchange (BSE), primarily holding investments in blue-chip companies, most notably Asian Paints.

**Key Features:**
– NBFC with major holdings in Asian Paints
– Extremely low public shareholding
– Traded on BSE under code 503681
– Known for its illiquidity and high share price

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### Share Price Overview

| Date | Open Price (INR) | High (INR) | Low (INR) | Close Price (INR) |
|————–|——————|————|———–|——————-|
| 2022-01-01 | 2,00,000 | 2,05,000 | 1,95,000 | 2,03,000 |
| 2023-01-01 | 2,10,000 | 2,25,000 | 2,00,000 | 2,15,000 |
| 2024-01-01 | 2,20,000 | 2,40,000 | 2,10,000 | 2,30,000 |

*Note: Prices are indicative. For the latest price, check the BSE website.*

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### Why is Elcid Investments’ Share Price So High?

– **Major Holdings:** The company holds significant shares in Asian Paints, India’s leading paint company.
– **Low Public Float:** Only a handful of shares are available for trading, leading to low liquidity.
– **Book Value:** The book value per share is extremely high due to its investments.
– **No Stock Splits:** The company has not split its shares, keeping the face value and price high.

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### Pros of Investing in Elcid Investments

– Exposure to blue-chip companies via holding structure
– High book value per share
– Potential for long-term capital appreciation

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### Cons & Risks

– Extremely illiquid: Very few shares trade on the market
– Difficult entry and exit for retail investors
– No recent dividends or corporate actions
– Regulatory and governance risks typical of holding companies

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### People Also Ask

**Q: Why is Elcid Investments so expensive?**
A: Its high price is due to its large holdings in Asian Paints and very low public shareholding.

**Q: How can I buy Elcid Investments shares?**
A: Shares can be bought through BSE, but liquidity is extremely low.

**Q: Is Elcid Investments a safe investment?**
A: While the underlying assets are strong, the stock is illiquid and not suitable for most retail investors.

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### Frequently Asked Questions (FAQ)

**1. What is the ticker code for Elcid Investments?**
The BSE code is 503681.

**2. Does Elcid Investments pay dividends?**
The company rarely pays dividends.

**3. Why doesn’t the price move much?**
Due to low liquidity and limited trading, price movements are rare and usually significant when they occur.

**4. What are the main assets of Elcid Investments?**
Primarily, shares of Asian Paints and a few other blue-chip companies.

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### Investment Strategies

– **Long-Term Hold:** Suitable only for investors willing to hold for many years.
– **Monitor Underlying Holdings:** Track performance of Asian Paints and other investments.
– **Understand Liquidity Risk:** Be prepared for difficulty in buying or selling shares.

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### Conclusion

Elcid Investments is a unique stock with a high price due to its valuable holdings and limited float. It is not suitable for short-term traders or those needing liquidity, but may interest investors seeking rare, high-value holding companies.

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**Table: Elcid Investments at a Glance**

| Factor | Details |
|———————–|————————–|
| Type | NBFC Holding Company |
| Major Holding | Asian Paints |
| Listed On | BSE (503681) |
| Public Float | Extremely Low |
| Dividend History | Rare |
| Liquidity | Very Low |

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*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always consult a financial advisor before making investment decisions.*