Archive · 8 Dec 2025
Elitecon International Stock Hits Upper Circuit
Elitecon International's stock price reached its upper limit of 5% on December 08, 2025, trading at ₹90.20 per share.
This happened because many people were buying the stock, and the company also paid a dividend to its shareholders.
The company makes and sells tobacco products like cigarettes and sheesha, and it's also expanding into other areas like food and beverages.
The stock has dropped a lot in recent months, but the company is planning to raise more money to grow even bigger.
The company's leaders own most of the shares, and the rest are owned by big investors and regular shareholders.
Elitecon International's stock hit the 5% upper circuit limit at ₹90.20 on December 08, 2025.
The company paid a 5% interim dividend to non-promoter shareholders as declared on November 5, 2025.
Promoters own 59.4% of the company, FIIs own 38.2%, and general shareholders own 2.4%.
The stock has corrected sharply by 78% from its August highs of ₹422.65.
The company is expanding into FMCG categories and plans to raise ₹300 crore through a QIP.
- Who
- Elitecon International
- What
- Stock hits upper circuit, interim dividend paid
- When
- December 08, 2025 (Monday)
- Where
- BSE (Bombay Stock Exchange)
- Why
- Strong rise in trading volume and interim dividend payment
- Stock Price
- ₹90.20
- Upper Circuit Limit
- 5%
- Trading Volume
- 3.72 lakh
- Interim Dividend
- 5% per equity share
- Record Date
- November 12, 2025
- Promoter Stake
- 59.4%
- FII Stake
- 38.2%
- General Shareholders Stake
- 2.4%
- Stock Correction
- 78% from August highs
- Fundraising Amount
- ₹300 crore