Only Buyers in this Multibagger Stock Under Rs 80; Locked in 5% Upper Circuit on February 10

Kiran DSIJCategories: Multibaggers, Trendingjoin us on whatsappfollow us on googleprefered on google

Only Buyers in this Multibagger Stock Under Rs 80; Locked in 5% Upper Circuit on February 10

The stock has given multibagger returns of 335 per cent from its 52-week low of Rs 17.26 per share and a whopping 7,000 per cent in 3 years.

On Tuesday, shares of Elitecon International Ltd (EIL) hit a 5 per cent Upper Circuit to an Intraday high of Rs 75.14 per share. The stock has a 52-week high of Rs 422.65 per share and a 52-week low of Rs 17.26 per share. The shares of the company have an ROE of 44 per cent.

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 such as the UK and plans to expand its offerings to include products like 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. For the consolidated annual results (FY25), the company reported net sales of Rs 548.76 crore and net profit of Rs 69.65 crore.

DSIJ’s Tiny Treasureuncovers small caps with strong fundamentals, efficient assets, and growth potential to outperform market averages. Download Detailed Note

Elitecon International Ltd (EIL) is scaling up its financial and operational footprint, securing shareholder approval to hike borrowing limits to Rs 500 crore. In a push for long-term growth, the board has also been granted expanded authority to make investments and provide guarantees beyond standard limits. On the expansion front, EIL is initiating a strategic merger with Sunbridge Agro, Landsmill Agro, and Golden Cryo Private Limited. To lead this transformation, the company has appointed Deloitte as its Tax and transaction advisor. While the merger aims to optimise resources and boost earnings, final execution remains subject to NCLT and regulatory approvals.

The company has a market cap of over Rs 12,000 crore. The stock has given multibagger returns of 335 per cent from its 52-week low of Rs 17.26 per share and a whopping 7,000 per cent in 3 years.

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