Elitecon International’s share price surged to ₹114.84, hitting a 5% upper circuit after securing a $97.35 million export order. With a 1000% YTD return, the company’s robust order book signals strong growth momentum, enhanced capacity utilization, and deeper market penetration in the Middle East, reinforcing investor confidence.
Elitecon International continues its extraordinary run in 2025, delivering one of the most spectacular multibagger performances on Dalal Street. The latest trigger is a long-term export contract worth $97.35 million (₹875 crore), which has propelled the stock into its upper circuit limit.
Key Highlights
- Stock locked at ₹114.84, up 5% in Monday’s trade
- Export order valued at $97.35 million (₹875 crore)
- Strengthens presence in Middle East markets
- Deal expected to optimize production and operational efficiency
- Reinforces investor confidence in Elitecon’s growth trajectory, adding to its 1000% YTD rally
This development underscores how strategic order wins can transform small-cap players into wealth creators, making Elitecon International a standout case in India’s 2025 equity markets.
Sources: Mint, Business Today