On Tuesday, Elcid’s share price surged from Rs 3.53 to an astounding Rs 2,36,250, setting a record on D-Street and making it India’s most expensive stock, surpassing MRF’s Rs 1.2 lakh. The BSE-listed smallcap now has a market cap of Rs 4,725 crore ($508.40 million), dwarfed by global giants like Nvidia ($3.5 trillion), Meta ($1.5 trillion), Amazon ($2 trillion), Netflix ($324.63 billion), and Google ($2.1 trillion).
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