Eczacibasi Ilac

EIS Eczacibasi Ilac, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S. is a company belonging to the Eczacibasi Group and based in Levent, Istanbul. The reference to pharmaceuticals in its name points to its historical roots; today the company works less as a direct manufacturer and more as a holding structure operating through its subsidiaries, business partnerships and associates. Its shares trade on Borsa Istanbul under the ticker ECILC.

Its associates and joint ventures span areas such as healthcare and pharmaceuticals, personal care and cosmetics products, and real estate and construction. The company's shareholders include Eczacibasi Holding and Eczacibasi Yatirim Holding Ortakligi, which is separately traded on the exchange. For this reason, ECILC stock is seen as a vehicle that provides indirect ownership of certain assets of the Eczacibasi Group.

For companies with this structure, the value of the subsidiaries, income from real estate projects, returns on financial investments and the holding discount are the main valuation themes. Price regulations in the healthcare and personal care markets and exchange-rate movements can also have an effect through the subsidiaries. Lzzo.com offers a price chart and technical indicators for ECILC.