Elitcon Stock Soars from
- 22 Straight Upper Circuits from ₹1.10 to ₹131.25 in Less Than a Year! Elitcon Board Meeting to Raise Funds on July 25
🧠 Intelligence-First | DSIJ | July 21, 2025
✍️ Written by: Uday Dongare |
https://indianextheadlines.com
Category: Multibagger Stocks
Elitcon Stock Soars from:
Trending Elitcon International Ltd. (EIL) has produced astounding gains in an incredible stock market trip, rising from ₹1.10 to ₹131.25 per share in less than a year. “An astonishing multibagger gain of 11,832% has been achieved.” Investors from all across Dalal Street are taking notice of the stock as it has now made 22 straight higher loops.
📈 Reaching a New All-Time High of 131.25
The stock jumped 5% on Monday, reaching a new all-time high of ₹131.25 per share. It had closed at ₹125 only a session before. 52-week low? Only ₹1.10 — which makes its rally even more impressive. Due to its rapid growth, the firm has gained popularity among small-cap and retail investors.
Haha! Board Meeting on July 25:
Agenda Items for Fundraising The main purpose of Elitcon’s July 25, 2025, Board of Directors meeting is to discuss obtaining money through a Qualified Institutional Placement (QIP). The intended victim? A premium or discount on equity shares may be included in the maximum amount of ₹300 crore. However, shareholder approval and the necessary regulatory permissions are needed for this plan. With the chairman’s consent, other important topics may also be covered.
Concerning the Business:
Elitcon International Ltd. Elitcon International Ltd. was established in 1987 and focuses on producing and selling a wide variety of tobacco products for both local and foreign markets. Its portfolio consists of: Blends for smoking Smoking cigarettes Khaini pouch Zarda Tobacco with molasses flavor Khaini filter, and more The business, which is well-established in the United Arab Emirates, Singapore, Hong Kong, and the United Kingdom, intends to grow even more by launching additional goods including match-related items, chewing tobacco, and sniffer grinders.
Elitcon is proud of its specialized brands, which include:
“Take a puff” (for cigarettes) For hookah, “Al Noor” “Gur Gur” (for mixtures used for smoking)
Cancelled Acquisition Deal:
The business canceled its planned acquisition of Prime Place Spices Trading LLC on July 16, 2025, and deemed the share purchase agreement null and invalid. Following a due diligence procedure that uncovered significant problems, especially with asset paperwork and financial indicators, the decision was made. As a result, the Extraordinary General Meeting (EGM) scheduled for August 6, 2025, has been called off. However, Elitcon has granted Prime Place Spices Trading LLC a deadline of August 16, 2025, to present a valid explanation—failing which, the deal will be officially terminated.
Financial Results: Excellent Development :
✅ Comparison between Q4 FY25 vs Q4 FY24: Net sales were ₹313.16 crore, up 232%. “The company reported a remarkable 222% surge in net profit, reaching ₹42.97 crore. ✅ Total FY25 Results:
Compared to FY24, net sales surged by 424%, reaching ₹297.51 crore, while net profit skyrocketed by 574%, totaling ₹32.21 crore. Gross Revenue: ₹548.76 crore 69.65 crore was the net profit. These figures demonstrate Elitcon’s excellent financial and operational performance throughout the last 12 months.
1:10 is the stock split ratio. :
Elitcon’s shares were divided 1:10 on June 25, 2025. This increases affordability for individual investors by dividing each equity share, which had a face value of ₹10, into ten shares of ₹1 apiece.
Market Capitalization Exceeds 20,000 Crores :
Elitcon’s market valuation has surpassed ₹20,000 crore due to its soaring share price and solid business fundamentals. One of the most remarkable profits on Dalal Street in recent memory has been earned by investors who were quick to spot this hidden gem.
Disclaimer :
“This post is meant solely for informational purposes and should not be interpreted as investment advice.”
“Prior to making any investment decisions, it’s strongly recommended to consult a registered financial advisor.”
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