Elitecon International Surges 347% in Six Months, Hits Upper Circuit for Fourth Straight Session

New Delhi, October 15, 2025 -Shares of Elitecon International Ltd continued their remarkable rally on Wednesday, sealing a 5% higher circuit at ₹173.10. This multibagger scrip has already hit the upper limit for four days running and extended a 347% surge so far in the previous six months.

Acquisition-Driven Momentum

The sharp uptrend follows a recent buying spree by Elitecon International in the agro and FMCG segments. On October 1, the company said it bought a 55% stake in the equity of Landsmill Agro Pvt Ltd for ₹52.85 crore and a 51.65% stake in Sunbridge Agro Pvt Ltd for ₹128.40 crore.

The deal will help it build and develop its FMCG business segment by gaining operational scale, diversifying revenue sources, and broadening the depth of its agro-based product portfolio. It also plans to acquire full ownership of the two companies over the next 12 months.

Stock Performance Snapshot

Shares of Elitecon International Ltd closed at the ₹173 level on October 15, 2025, a gain of 4.97%. Elitecon International Ltd shares increased by 4,553% for the last year, 1,569% in the current year to date, and by 347% in the previous six months. Elitecon International Ltd opened for the day at ₹173.10 and traded at its day’s high and low at ₹173.10. The market capitalization of the company is ₹27,670 crore, and its P/E ratio is 9.08. For the last 52 weeks, Elitecon International shares have traded between a low of ₹3.72 and a high of ₹422.65.

Business Overview

Elitecon International operates in the Cigarettes and Tobacco Products industry and has been diversifying into FMCG and agro products. Its new wave of expansion over the previous month and continuous stock momentum have cemented its position as one of the highest-performing multibagger stocks of 2025.

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