Elitecon Shares Rise on Big Order
Elitecon International gained 2.78% after announcing a major long-term supply contract.
₹2.02 Billion Supply Deal Secured
The company bagged a ₹2.02 billion contract for supplying cigarettes and tobacco products.
Strong Export Growth Visibility
The deal ensures steady export demand and improves capacity utilization and planning.
Expanding Global Footprint
The agreement strengthens presence in South Africa and supports expansion across African and Middle Eastern markets.
Financial Performance Surges
Net profit jumped 676% YoY, while revenue surged 1,750% in Q3 FY26, showing strong growth momentum.
No Related-Party Risk
The company confirmed the deal is not a related-party transaction, ensuring transparency and governance clarity.
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