Higher Circuit Alert: Inventory beneath Rs 600 hits recent 52-week excessive – Particulars right here
The inventory has given a multibagger return of 670 per cent in a single yr and 5,338 per cent in three years. The scrip has turned buyers richer by 450.94 per cent up to now this yr.
Regardless of the inventory market’s sluggish begin, Elitecon Worldwide’s shares had been locked in a 5 per cent higher circuit as quickly because the market opened on Friday, i.e., on June 6, 2025. The counter closed at Rs 543.90 within the final buying and selling session and opened the hole with a achieve of round 4.98 per cent at Rs 571. It additional gained to hit the higher circuit of Rs 571.05 very quickly. The 52-week low of the counter is Rs 11.02. The market cap of the corporate is Rs 9,128 crore.
The inventory, which has outperformed the sector by 3.44 per cent, has been gaining for the final 9 days. The share is buying and selling increased than the 5-day, 20-day, 50-day, 100-day, and 200-day transferring averages.
670 % Return In One Yr
The inventory has given a multibagger return of 670 per cent in a single yr and 5,338 per cent in three years. The scrip has turned buyers richer by 450.94 per cent up to now this yr.
Quarterly Outcomes
The corporate’s inventory has been gaining ever because the firm introduced sturdy This fall outcomes.
The corporate reported a 94 per cent YoY enhance in internet revenue to Rs 12.21 crore, up from Rs 6.30 crore in the identical quarter a yr in the past. Gross sales additionally surged 170 per cent within the quarter into account, in comparison with Rs 44.49 crore posted in the identical quarter and yr in the past.
For the total fiscal yr (FY 2025), it posted a internet revenue of Rs 33.21 crore in comparison with Rs 4.78 crore in FY 2024- a achieve of greater than 500 per cent. Gross sales grew by 423 per cent to Rs 297.51 crore in FY 2025 versus Rs 56.82 crore in FY 2024.
