Corporates

Elcid Investment’s Share Price Skyrockets Over 6.6 Million Percent in Historic Surge

Introduction: Elcid Investments, an unlisted yet highly valued stock, recently saw an unprecedented surge in its share price, moving from a mere ₹3.53 to an astounding ₹2,36,250 in a single trading session. This phenomenal rise of 66,92,535% has drawn massive attention, making it the most expensive stock in India and surpassing MRF’s longstanding record. Reasons […]

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Reasons for Failure of Hyundai IPO of ₹28000 crore

Hyundai’s ₹28,000 crore mega IPO, initially seen as a significant event for India’s automotive market, faced a lukewarm response from retail investors and failed to meet the hype. Several factors contributed to its underwhelming performance: Despite these challenges, the IPO did manage to attract significant interest from institutional investors, with the Qualified Institutional Buyers (QIB)

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Understanding IPO (Initial Public Offer) in India: A Comprehensive Guide

Introduction An Initial Public Offering (IPO) is a significant event for a company and investors. It marks the first time a company offers its shares to the public, allowing it to raise capital for expansion, debt repayment, or other corporate purposes. For investors, an IPO presents an opportunity to invest in a company at an

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