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Elcid Investments Ltd.

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India Digest: Elcid Investments invests in Zepto; DesignX snags $2m
Elcid had earlier invested in Zepto in a secondary deal last November.
cityfalcon.com·9mo ago
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Zepto closes secondary deal with NBFC firm Elcid at $6b valuation
Elcid Investments is set to increase its stake in quick commerce firm Zepto with a ₹7.5 crore investment, valuing Zepto at approximately $5.9 billion. This move is part of a larger secondary deal aimed at increasing Indian ownership before a potential IPO.
cityfalcon.com·9mo ago
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Elcid Investments: One of India's highest-priced stocks fixes record date for dividend; details here
Elcid Investments has announced a record date of July 23, 2025, for its dividend, declaring ₹25 per share for the financial year ending March 31, 2025. This continues the company’s practice of rewarding shareholders, having done so in the previous two financial years.
cityfalcon.com·10mo ago
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Tyre major MRF reclaims title as India’s highest-priced stock
MRF is now India's most expensive stock. It overtakes Elcid Investments, whose shares have fallen from a high in November 2024. Elcid's decline is linked to a drop in Asian Paints' stock value. MRF's success is due to strong financial results. The company reported higher profits and revenue for the March 2025 quarter.
cityfalcon.com·11mo ago
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MRF snatches India's highest-priced stock crown back from Elcid Investments
MRF shares: Elcid gained widespread attention in October 2024 after its stock price skyrocketed during a special call auction held by the Bombay Stock Exchange (BSE). On October 29, the share price surged from ₹3.53 to ₹2,36,250 in a single day—a phenomenal rise of 66,92,535%.
cityfalcon.com·11mo ago
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