ELITECON.NSEElitecon International Ltd.
ELITECON.NSE
Elitecon International Ltd.0
Elitecon stock’s 60x surge under SEBI lens over alleged scam
Mumbai, March 31 : The Securities and Exchange Board of India (SEBI) has initiated regulatory action against Elitecon International Ltd after finding prima facie evidence of a pump-and-dump scheme in the company’s shares. The capital markets regulator observed that the stock surged more than 60 times within a short period before witnessing a sharp decline, a pattern it said was indicative of manipulative trading. In addition, the price rally was allegedly supported by coordinated trades and fund transfers involving promoters and connected entities. SEBI also flagged abnormal financial growth, noting that the company’s revenue jumped nearly 686 times over a two-year period. A sharp spike was recorded in the September 2025 quarter, when revenue rose from Rs 525 crore in the June quarter to Rs 2,195.8 crore. Investigators suspect that the company had little or no genuine business activity and may have issued misleading corporate disclosures to attract retail investors during the price surge.
cityfalcon.com·23d ago
Elitecon International Q3 PAT Jumps 676% QoQ; Nine-Month Profit Surges Over 1,066%, Revenue Expands 23x
Mumbai (Maharashtra) [India], March 11: Elitecon International Limited (BSE: 539533), a diversified FMCG enterprise, reported strong financial performance for the quarter ended December 31, 2025, supported by robust growth across revenue and profitability, driven by expanding global trade operations, strategic acquisitions and strengthened FMCG capabilities.
cityfalcon.com·1mo ago
Elitecon International Strengthens Board with the Appointment of Veteran IAS and IRS Officers as Independent Directors
New Delhi [India], January 23: Elitecon International Limited (BSE: 539533), a leading diversified FMCG enterprise, announced the appointment of three distinguished professionals – Dr. P.V. Ramesh (Retd. IAS), Mr. Edward Michael Bourgoin, and Mr. Susanta Kumar Panda (Retd. IRS) as Independent Directors to its Board. These appointments reflect Elitecon’s continued commitment to strong corporate governance, […]
cityfalcon.com·3mo ago
Specials | Dec 28, 2025 | 13 min read Elitecon International Limited Secures Landmark International Contract and Proposes Enhanced Financial Flexibility for Growth
Others Specials Mumbai (Maharashtra) [India], December 27: Elitecon International Limited, a prominent player in the manufacturing and export of tobacco and tobacco-allied products, today announced a significant step forward with the approval of a landmark …
cityfalcon.com·4mo ago
Elitecon International secures $97 million UAE export deal
The deal, valued at approximately ₹8.75 billion, represents a significant export contract in India’s FMCG-tobacco sector
cityfalcon.com·4mo ago
Elitecon International Reports Strong Q2 FY 2026 Results: Sales Up 538%, PAT More Than Doubled
Elitecon’s strategic acquisitions of Sunbridge Agro Pvt. Ltd. and Landsmill Agro Pvt. Ltd. led to a stellar Q2 Growth. Mumbai, 7th November 2025: Elitecon International Limited (BSE: 539533) announced robust financial results for the quarter and half-year ended September 30, 2025, posting record growth in both revenue and profitability. Standalone Financial Performance ● Sales: ₹ […]
cityfalcon.com·6mo ago
Elitecon International to Raise ₹300 Crore via QIP to Fuel FMCG Expansion Through Strategic Acquisitions
Acquiring Sunbridge Agro Pvt. Ltd. and Landsmill Agro Pvt. Ltd. Mumbai (Maharashtra) [India], September 26: Elitecon International Limited, a global leader in the FMCG sector, is planning to raise ₹300 crore by issuing equity shares through Qualified Institutional Placement (QIP). The funds raised will be invested in acquiring Sunbridge Agro Pvt. Ltd. and Landsmill Agro […]
cityfalcon.com·7mo ago
How 30 multibaggers soared up to 2,660% in a year when Nifty barely moved
Despite a lackluster year for Indian equity markets in 2025, with the Nifty barely budging, several companies defied the trend, delivering exceptional returns. Elitecon International and RRP Semiconductor led the pack with staggering gains, fueled by sector-specific tailwinds and government initiatives. While global trade tensions loomed, strategic stock picking proved rewarding for investors who identified these hidden gems.
cityfalcon.com·8mo ago
This midcap, Paytm among 33 stocks that surged up to 22,344% since last Ganesh Chaturthi
As India celebrates Ganesh Chaturthi, a retrospective analysis reveals impressive stock market performances. Over the past year, 33 stocks have delivered remarkable returns, with Elitecon International leading at 22,344%. While the Nifty index experienced fluctuations, a significant number of stocks, particularly in the mid and small-cap segments, achieved substantial gains, contrasting with the underperformance of others.
cityfalcon.com·8mo ago
D-Street's hidden bulls: 11 stocks give multibagger returns up to 522% in H1CY25. Check details
Indian equity markets rebounded strongly, closing H1CY25 with significant gains. Several stocks delivered exceptional returns, with Elitecon International leading the pack. String Metaverse also saw impressive growth, fueled by AI trends. Other top performers included Kothari Industrial Corporation and NACL Industries. Traditional sectors like defense and automobiles also contributed to the market's positive performance.
cityfalcon.com·10mo ago
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