Rs 2.10 to Rs 3,32,399: This stock saw massive gains but is now consolidating {update}

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.