multibagger return
There is one such share in the stock market, which has given good returns to the investors in the midst of turmoil. Yes, within just 11 months it has filled the pockets of investors and has given excellent returns of about 1,000 percent. The multibagger share we are talking about. Its name is Elitecon International. The share price of this company reached the upper circuit of 5% on Monday, 15 December. Let us know why the company's stocks are continuously rising.
This rise was seen after the company recently announced that it has won a large long-term export contract worth $97.35 million, i.e. approximately Rs 875 crore. This is the sixth consecutive session when its share price has hit upper circuit of 5%. Elitecon International has announced that it has received a two-year supply contract from UAE-based UV International Trade FZE.
The company said that this agreement covers the supply of cigarettes, premix shisha, hookah tobacco, smoking mixtures and other tobacco-related products. The contract also covers a fixed period of one year and will ensure stable export volumes during the entire period. The company said that this deal will lead to better utilization of production capacity and the planning of manufacturing and logistics will be streamlined. This will also strengthen Elitecon's position in the Middle East markets, where demand for tobacco related products continues to remain stable.
Company's Managing Director Vipin Sharma said that this reflects the long-term global demand for the company's product portfolio. Regarding the contract, he said that this long-term supply order provides stability of exports to the company during the contract period and reflects the continued demand for its products in the international markets. This agreement supports efficient utilization of capacities, stable operations and strengthens our presence in the Middle East markets in line with our long-term growth strategy.
EliteCon International recorded strong performance for the September quarter of 2025 (Q2FY26). Net sales for the quarter increased by 318% to Rs 2,192.09 crore, while net profit increased by 63% to Rs 117.20 crore, underscoring strong operating momentum compared to Q1FY26. In H1FY26, the company's sales grew 581% to Rs 3,735.64 crore and net profit grew 195% compared to H1FY25, reflecting sustained demand and improved scale of operations.
This multibagger stock has registered a growth of 1000% so far in 2025 and more than 1200% in the last 1 year. Even in the last 6 months, it has increased by 119%. However, it has been under pressure in recent times and has fallen by 38% in the last 3 months and by 15% in the last 1 month. After three months of decline, it has increased by 33% so far in December. There was a decline of 42% in November, 23% in October and 41% in September.
