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Multibagger Stock: Shares of smallcap company Elitecon International have given strong returns to investors in the last one week. In the last one year, the company’s shares have increased by more than 3,134 percent.
Multibagger Stock: Shares of cigarette and tobacco products manufacturing company Elitecon International Ltd have been in focus for the last few days. The stock has jumped 12 percent in the last one week. Recently the company has announced strong results. The company’s shares hit an upper circuit of 5 percent on November 6. However, at the end of trading on November 7, the stock closed at Rs 164.95 with a decline of 3.48 per cent.
The 52 week high price of shares of small-cap multibagger stock Elitecon International is Rs 422.65 and the 52 week low price is Rs 5.20. The market cap of the company has crossed Rs 26,367 crore.
Company made Rs 20 crore profit
Recently the company presented the results for the second quarter of the financial year 2025-26. In the second quarter, the company’s net profit increased by 129 percent on annual basis to Rs 20.19 crore. Along with the strong results, the company has announced dividend to its shareholders. The company’s board has recommended giving 5 percent interim dividend on each equity share, which will be Rs 0.05 per share.
What does Elitecon International do?
Elitecon International Limited is a small cap company. It does business related to construction, real estate and consultancy.
Share price jumped 13,635 percent in 5 years
Elitecon International Limited, which has been giving strong returns year after year, has given a strong return of 3,134.31 percent in the last one year. Since the beginning of the year 2025, the shares have gained 1,521.93 percent till now. Shares have fallen by 33.30 percent in the last 3 months. The shares of the company have increased by 4.50 percent in the last one month.
(Disclaimer: The information given here is based on the performance of the shares. Since investing in the stock market is subject to market risk, please consult a certified investment advisor before investing. StuffUnknownHindi will not be responsible for any loss you may incur.)
