Elcid Investments Ltd. has announced a dividend record date on July 23, 2025, leading to a 2% increase in its share price.
The company declared a final dividend of Rs 25 per equity share for the financial year ending March 31, 2025, marking the third consecutive year of such dividend payout.
Elcid Investments' share price rose over 2% and hit upper circuit following the announcement, reaching Rs 1,43,400 per share before settling at Rs 1,43,000 per share.
The share has experienced significant growth in the past 12 months but has declined by 21.72% year-to-date, with trading volume standing at 2.3 times its 30-day average.