Elitecon International share price continued its impressive streak on Tuesday, locking in a 5% upper circuit for the third consecutive session. This surge has captured investor attention as the stock reached ₹75.14 per share on the BSE.
The momentum comes after a strong rally over the past three sessions, with the stock jumping nearly 15%, hitting consecutive upper circuit limits and drawing significant trading volumes.
Market Performance Today
- Elitecon International share price: ₹75.14 (BSE)
- Change: +5%
- Trading volume: Around 5 lakh equity shares
- Daily & monthly trading volumes: 5 lakh shares each
Despite the recent upswing, Elitecon International stock remains 82% below its 52-week high of ₹422.65 per share, recorded on 25 August 2025. The 52-week low stands at ₹17.26 per share, noted on 10 February 2025.
Key Developments in the Company
Elitecon International has been taking strategic steps to strengthen its growth trajectory. Last month, the company appointed Deloitte Touche Tohmatsu India LLP as its strategic tax and regulatory advisor and transaction program manager. The move aims to guide the company in evaluating, structuring, and implementing a merger of its group companies, including:
- Sunbridge Agro Private Limited
- Landsmill Agro Private Limited
- Golden Cryo Private Limited
The company believes this proposed transaction will create a stronger strategic platform, aligning with its vision for expansion, diversification, and sustainable growth.
Elitecon International Share Price History
Over different time frames, the stock has shown a mix of extreme volatility and long-term gains:
- 1 month: Down 18%
- 3 months: Down 52%
- 6 months: Down 71%
- 1 year: Up 335%
- 3 years: Up 7056%
- 5 years: Up 7,414%
The recent rally, however, marks a continuation of the stock’s remarkable long-term growth trajectory, highlighting its journey from a low base to multibagger returns over the past few years.
Summary
Elitecon International share price has drawn attention with three consecutive upper circuit locks, supported by heavy trading activity. While still below its 52-week high, the stock’s journey demonstrates significant long-term growth potential. Strategic initiatives, including the merger of group companies and advisory support from Deloitte, reflect the company’s focus on structured expansion and responsible growth.
Investors tracking Elitecon International stock market performance today have been closely watching its volume-driven rally and ongoing corporate developments.
Source: Livemint
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