Multibagger Stock: Earning money in the stock market is not within everyone’s reach. For this it is important to identify the correct stock. There are many stocks in the market, which have proved to be Kuber’s treasure for their investors. These stocks have made their investors rich by giving strong returns.
Today we are going to give you information about one such multibagger stock, on which investors betting have become millionaires in a few years. Here we are talking about FMCG company Elitecon International Ltd, which has turned an investment of Rs 1 lakh into more than Rs 1 crore in just five years.
Company announced dividend
Elitecon International has declared a dividend of Rs 0.05 on equity share with face value of Re 1 for its investors in FY26. The company has announced the record date for this on November 12, 2025. That means, those who have shares in the records of the company till this day, will get the benefit of dividend.
In fact, in the July-September quarter of the financial year 2025-26, the company’s net profit increased by 128 percent to Rs 20.19 crore as compared to Rs 8.84 crore in the same quarter last year. At the same time, operating income also went up to Rs 504.89 crore as compared to Rs 79.13 crore a year ago. On Wednesday, shares of Elitecon International traded ex-dividend. On this day the shares closed with a decline of Rs 143.35, whereas on Thursday the closing fell by about 2 percent at Rs 130.80.
Stock filled investors’ pockets
Elitecon International shares have given impressive returns of 10,000 percent in five years. Five years ago its price was around Rs 1, whereas today the price remains around Rs 130. That means in five years it has made its investors rich by giving a return of 10332 percent. Elitecon shares have gained 2554 percent in a year. At the same time, in the last six months, it has filled the pockets of investors by giving a strong return of 287 percent.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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