Archive · 16 Dec 2025

Elitecon International Secures $97M Export Deal

Elitecon International Secures $97M Export Deal

Elitecon International, a company that makes tobacco products, got a big order from a company in the UAE.

This order is worth about ₹875 crore and will last for two years.

Because of this good news, the company's stock price went up by 5% in one day.

The company has been doing really well, with its sales and profits growing a lot in the last few months.

However, the stock has been going down a bit recently.

The order will help the company use its factories better and send more products to other countries.

This deal also shows that India is getting better at making and selling finished products to other countries, not just raw materials.

Sources