Elitecon International’s stock jumped to the 5% upper circuit on Dec 31, showing fresh buying interest after three days of decline.
What sparked the rally?
The small‑cap stock rose to ₹99.80 on the BSE, matching a modest rise in the broader Sensex and Nifty 50 indices on the last trading day of 2025.
Recent performance snapshot
- Long‑term gain: Over 7,500% return since August 2024.
- 1‑year growth: Up about 850%.
- 6‑month change: +58%.
- 3‑month change: –49%.
- 1‑month change: +16%.
The stock’s 52‑week high was ₹422.65 (Aug 25 2025) and its low was ₹10.17 (Dec 31 2024), highlighting how volatile the share has been.
Borrowing power boost
Elitecon filed that it wants to raise its borrowing limit to ₹500 crore, pending shareholder approval. This would let the company:
- Make larger investments
- Offer bigger loans and guarantees
- Expand its overall financial flexibility
New export contract
On Dec 15 2025, the company secured a $97.35 million long‑term supply deal for cigarettes, premix sheesha, hookah tobacco and related products. The order gives Elitecon steady export visibility and shows continued overseas demand.
Bottom line for investors
While Elitecon’s price swings are large, the stock has delivered extraordinary returns over the past year. The increased borrowing capacity and fresh export order could support further growth, but the share remains highly volatile.
Remember, this is perspective, not a prediction. Do your own research and consider speaking with a financial advisor before making any decisions.