ELCID investment is a company which is trading at a price of 3 Rs on stock exchange but it's illiquid which means there are lots of buyers but zero sellers available.... And it's true I mean no one is as idiot to sell a stock at 3 Rs which is worth 6 lakhs approximately..... From 2011 till now this stock has traded for only 16 times
So how can you buy it.... Here is the way ,
in the grey market from the people who are in need of money,
So you can buy it in grey market and hold the stock for long period of time!
Now,
I'll tell you why the ELCID investment companys intrinsic value is 7 lakh,
the thing is that,
Elcid Investment holds 2.95 per cent stake (2,83,13,860 equity shares) in Asian Paints, valued at over Rs 7,200 crore.
ELCID investment has total shares of 1,90,150
And promoters hold 75% approximately
And public hold 25% i. e. 40,200 Shares !
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