Last updated on July 17th, 2025 at 02:52 pm
Shares of Elcid Investments Ltd have witnessed a significant journey over the past year. The stock had previously surged to an all-time high of Rs 3,32,399, marking a massive rally before entering a prolonged correction phase. Currently, the stock is trading at Rs 1,35,000 on the BSE, registering a 0.77% decline in the latest session.
Stock Performance
- 52-Week High: Rs 3,32,399
- Current Price: Rs 1,35,000
- 52-Week Low: Rs 2.10
- Weekly Change: -0.77%
- Trading Volume: 65 shares
Elcid Investments’ stock has been in a downtrend since its peak, reflecting profit booking and reduced liquidity. The stock has now entered a sideways consolidation phase, stabilizing around Rs 1,35,000 after a steep correction.
Technical Indicators
- Moving Averages: The stock is trading below its short-term and long-term moving averages, signaling a bearish outlook.
- Volume: Trading volume has significantly declined, indicating lower participation.
- Support Levels: If the stock breaks below Rs 1,25,000, further downside could be expected.
What’s Next?
Elcid Investments is currently consolidating. Investors should watch key support levels for potential trends. If demand increases, the stock may attempt a recovery, but low liquidity and volatility remain concerns.
Disclaimer: This article is for informational purposes only. Investors should conduct their own research before making any decisions.
