Here are 5 reasons why 👇
Extremely Low Liquidity
With only 328 public shareholders, the stock suffers from very low trading activity. This makes it nearly impossible to buy or sell easily.
Promoter-Heavy Ownership
Promoters hold about 75% of the stock, leaving very little for public investors.
Large Valuation Gap
Despite trading at ₹2,36,250, the book value is ₹5.8 lakhs per share. Most shareholders aren’t selling because they know it’s undervalued.
Special Call Auction Limitations
While SEBI helped discover a higher price, it hasn’t fixed the liquidity issue in regular trading.
Investment Company Structure
Elcid primarily invests in other businesses, not running one itself. This limits its appeal to investors compared to operational companies.
