New Delhi, 15 December 2025: Elitecon International Ltd, a leading tobacco and smoking products manufacturer, hit the upper circuit on Monday, continuing its spectacular run in the stock market. The stock surged 5% shortly after market opening and was trading at ₹114.84 by 2 PM, marking over 20% gains in the past five trading sessions. Remarkably, the stock has been hitting upper circuits for six consecutive days.
What Triggered the Surge?
The latest rally comes after Elitecon secured a major export order worth ₹883 crore from UAE-based company UV International Trade FZE. Under this deal, Elitecon will supply cigarettes, premix sheesha, hookah tobacco, smoking mixtures, and other tobacco-related products. The contract includes a one-year lock-in period and ensures consistent export volume for the next two years, significantly strengthening the company’s presence in Middle Eastern markets.
Impact on the Company
This large order is expected to optimize Elitecon’s production capacity, streamline manufacturing and logistics, and solidify its foothold in high-demand Middle Eastern markets. The contract will be effective from 1 January 2026 and remain valid for two years.
A Proven Multibagger
Elitecon International has already delivered exceptional returns to investors. From August 2024 to August 2025, the stock skyrocketed from ₹1.34 to ₹422.65 per share—a 31,000% gain—turning modest investments into substantial wealth. After a subsequent correction where the price fell to ₹86, the recent surge signals the stock could potentially reward investors once again.
About Elitecon International
Founded in 1987, Elitecon International manufactures cigarettes, smoking mixtures, sheesha, and other tobacco-related products for domestic and international markets. Previously known as Kashiram Jain & Company Ltd, the company currently has a market capitalization of ₹18,357.17 crore according to BSE data.
Disclaimer: The analysis and opinions presented here are from individual analysts or brokerage firms and do not represent NBT’s recommendations. Investors are advised to consult certified experts before making any investment decisions, as market conditions can change rapidly.
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