Archive · 25 Jun 2025
Elitecon Stock in Focus After ₹75 Crore Fundraise Plan
Imagine a company that makes tobacco products.
This company, Elitecon International, has seen a huge jump in its stock price recently!
They've decided to get more money by selling new shares or bonds.
This plan was announced on June 25, 2025.
The company's stock price went up a bit the next day.
Over the past year, the stock's value has grown enormously, giving big returns to investors.
The company will use different methods to raise a total of ₹75 crore from investors.
The stock is still trading below its highest price in the past year.
This news is important for anyone who owns shares or is thinking of buying them.
Elitecon International announced a plan to raise ₹75 crore.
The funds will be raised through preferential allotment, convertible warrants, or other instruments.
The company is a tobacco manufacturer and supplier.
The stock closed at ₹56.15, up 4.95% after the announcement.
The stock has increased over 5,000% in the last year.
- Who
- Elitecon International, a tobacco manufacturer, is the company involved.
- What
- Elitecon International announced plans to raise ₹75 crore.
- When
- The announcement was made on June 25, 2025, and investors are watching on June 26, 2025.
- Where
- The news pertains to the stock market.
- Why
- The company is raising funds through different instruments to get more capital.
- Company
- Elitecon International
- Business
- Tobacco Manufacturing
- Amount to be Raised
- ₹75 crore
- Stock Closing Price
- ₹56.15 (June 25, 2025)
- One-Year Return
- Over 5,000%
- YTD Return (2025)
- 441.47%