Share Market News: Elitecon International hits 5 percent upper circuit even as market remains volatile today, Check details here
GH News December 16, 2025 05:06 PM

Cigarette and tobacco products manufacturer Elitecon International Ltd.s stock hit a 5% upper circuit today. The stock also hit an upper circuit on Monday. The reason behind this surge is a significant information the company released on December 15 2025. At the time of writing the stock is trading 5% higher at ₹120.58 on the BSE. The company has a market cap of ₹19274.71 crore. Over the past week the stock has gained more than 27%.
The company has recently given this important information
The company recently announced in a filing that it has secured a long-term supply contract from Yuvi International Trade FZE. Under this contract the company will supply cigarettes premix shisha hookah tobacco smoking mixtures and other tobacco-related products for the next two years.
The total value of this order is approximately US$97.35 million (approximately ₹8.75 billion). According to the filing this order will provide the company with stability on the export front ensure better utilization of factory capacity and help in operational planning.
The company said in its filing that this order will further strengthen the companys presence in the Middle East markets.
Elitecon International Ltd. manufactures tobacco products. Founded in 1987 it was formerly known as Kashiram Jain & Company Ltd. which later changed to Elitecon International. The company manufactures tobacco cigarettes khaini pouches shisha products and other smoking mixtures and exports them to Indian and international markets.
According to BSE Analytics the companys stock has gained more than 27% in the past week. In just six months the stock has delivered multi-bagger returns of 119% to investors. On a yearly basis the stock has gained more than 1062% in 2025.