Stock market update: This company announces interim dividend, quarterly results, stock locked in upper circuit; check details
GH News November 06, 2025 06:06 PM

Stock market update: Elitecon International Limited has announced its results for the July-September 2025 quarter (Q2) on Wednesday November 5 2025. The companys net profit increased 128% to Rs 20.19 crore compared to the previous year. The companys profit in the same quarter last year was Rs 8.84 crore. The companys revenue from core operations also increased significantly more than fivefold to ₹504.89 crore compared to Rs 79.13 crore in the same quarter last year.
Interim dividend amount
The company has informed exchanges that it has announced a 5 per cent or Rs 0.05 interim dividend per equity share with a face value of Re 1 for its investors. The record date for this purpose is November 12 2025.
“An interim dividend of Re 0.05/- (Five paise only) per equity share of Re 1/~ (Rupee One only) each for the financial year 2025-26” the company informed the stock exchanges through its filing on Wednesday.
The stock got locked in the upper circuit limit of Rs 170.90 on the BSE. The market cap of the company stood at Rs 27318 crore. The stock has a 52-week high of Rs 422.65 crore and a 52-week low of Rs 4.90. The stocks 14-day relative strength index (RSI) is 47.05. For the uninitiated a level above 70 is considered overbought or overvalued and below 30 is defined as oversold or undervalued.
Meanwhile the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 4 (ST ASM-4) framework. According to BSE Analytics the companys stock has returned over 19% in the past week over 2% in the past month and over 382% in the past six months. So far in 2025 the stock has delivered a multibagger return of 1547% in the year-ago period. Furthermore on a year-on-year basis the stock has gained 3317% in the past year.