Volume Spurt Alert: Multibagger stock with Rs 17,544 crore M-Cap; hit 5% upper circuit on November 24

DSIJ Intelligence-1 / 24 Nov 2025/ Categories: Multibaggers, Trending

Volume Spurt Alert: Multibagger stock with Rs 17,544 crore M-Cap; hit 5% upper circuit on November 24

The stock has given multibagger returns of 1,700 per cent from its 52-week low of Rs 6.08 per share and a whopping 10,000 per cent in 3 years.

On Monday, shares of Elitecon International Ltd (EIL) hit a 5 per cent Upper Circuit to an Intraday high of Rs 109.75 per share from its previous closing of Rs 104.55 per share. The stock’s 52-week high of Rs 422.65 per share and its 52-week low of Rs 6.08 per share. The shares of the company saw a Spurt in Volume by more than 5 times on the BSE.

Established in 1987, Elitecon International Ltd. (EIL) specialises in the manufacturing and trading of a diverse range of tobacco and allied products for both domestic and international markets. The company's product portfolio includes smoking mixtures, cigarettes, pouch khaini, zarda, flavoured molesis tobacco, yummy filter khaini and other tobacco-based items. EIL has a notable international presence, operating in the UAE, Singapore, Hong Kong and European countries like the UK and plans to expand its offerings to include products such as chewing tobacco, snuff grinders and match-related articles. The company also boasts its brands, including "Inhale" for cigarettes, "Al Noor" for sheesha and "Gurh Gurh" for smoking mixtures.

According to Quarterly Results, the net sales increased by 318 per cent to Rs 2,192.09 crore and the net profit increased by 63 per cent to Rs 117.20 crore in Q2FY26 compared to Q1FY26. According to half-yearly results, the net sales increased by 581 per cent to Rs 3,735.64 crore and the net profit increased by 195 per cent to Rs 117.20 crore in H1FY26 compared to H1FY25.

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The Board has declared an interim dividend of Re. 0.05 per equity share for the financial year 2025-26 and set the record date for determining eligible members as Wednesday, November 12, 2025. For the consolidated annual results (FY25), the company reported net sales of Rs 548.76 crore and net profit of Rs 69.65 crore.

On Wednesday, June 25, 2025, the company’s shares have ex-traded a 1:10 stock split. This means each equity share with a face value of Rs 10 has been subdivided into ten equity shares, each now having a face value of Re 1. The company has a market cap of over Rs 17,544 crore. The stock has given multibagger returns of 1,700 per cent from its 52-week low of Rs 6.08 per share and a whopping 10,000 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice.