- By Aditya Pratap Singh
- Mon, 20 Apr 2026 03:09 PM (IST)
- Source:JND
Stock Under Rs 50: The shares of multi-purpose FMCG company 'Elitecon International ' rose 5 per cent to hit the upper circuit in intraday trade on Monday after the company informed listing of its shares on the National Stock Exchange (NSE) with effect from April 20, 2026.
The stock started the session in green at Rs 42.10 as compared to the last day's closing of Rs 43.51 on BSE. The company shares commenced trading on NSE, marking its presence at both of India's leading Indian stock exchanges.
At around 2:44 PM, the Elitecon shares were trading at Rs 45.60, up 4.83 per cent on NSE. While on BSE, it was trading at 45.63, up Rs 2.12 or 4.87 per cent.
Also Read: ICICI Bank Share Price: Banking Stock climbs Over 2% Post Earnings Announcement; Details
Meanwhile, its 52-week high and low values stood at Rs 422.65 and Rs 32.26, respectively. Its market cap stood at over Rs 7,200 crore.
Shares List on NSE
The company said in a stock exchange statement that its shares have now been admitted to trading in the "Shares Authorised for Trading" category of the NSE Capital Markets segment, vide circular dated April 17, 2026.
According to the company, a total of 1,598,500,000 of its fully paid-up ordinary shares of Rs 1 each are now trading on both the exchanges--NSE and BSE.
The development significantly increases the number of potential investors and improves the liquidity of the stock.
Also Read: Sovereign Gold Bond: RBI Opens Premature Redemption Window For SVG 2020-21 series VII; Details
Share Price History
The small-cap stock rose multi-fold in a long period, giving multibagger returns in 5 years with a massive rise of over 4,200 per cent. In the near term, the stock remained range-bound. In a year, the company shares jumped nearly 18 per cent. Meanwhile, the scrip corrected 71 per cent in 6 months and fell over 40 per cent in 3 months. In a month, it's dipped over 10 per cent.
Elitecon International operates in the tobacco and agricultural products sector and has a presence in several international markets, including the United Arab Emirates, Singapore, Hong Kong, and the United Kingdom.
The company was incorporated in 1987 and is headquartered in New Delhi.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.