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Elitecon International surges 5% with ₹202 Cr export order, expands into Africa

News by Aliceblue News Desk

16 Apr 2026

Elitecon International surges 5% with ₹202 Cr export order, expands into Africa

Introduction

Leading tobacco exporter secured INR 202 crore contract from South African firm for cigarette supply over two years, with 90 day payment terms and international market expansion.

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Also Read: Markolines Pavement wins ₹29.37 Cr sports infrastructure orders in Andhra Pradesh, stock rises 3%

Share price movement of Elitecon International

On April 16, 2026, Elitecon International Ltd opened at ₹40.00, up 1.27% from its previous close of ₹39.50. The stock reached a high of ₹41.47 (4.96%) and a low of ₹39.30. By 11:02 AM, it traded at ₹41.46, a 4.96% increase, with a market cap of ₹6,627.38 crore.

Elitecon Wins ₹202 Crore Export Deal

Elitecon International Limited has secured a long term export supply contract worth INR 202 crore for cigarettes and tobacco allied products from Bozza Tobacco Pty Ltd, a South African company.

The agreement involves supply of brands including Red and Black, B&W, Cape, Ossum, and Golden Flake. The contract was signed on April 14, 2026, effective from April 6, 2026.

The two year contract includes payment terms of 90 days after delivery. The company said the order supports export growth, capacity utilization, and strengthens its presence in South African markets.

Stock performance of Elitecon International for period of 1 week, 6 months, and 1 year

Elitecon International Ltd delivered a 1-week return of 0.05%, a 6-month return of -74.7%, and a 1-year return of 0.13%.

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Also Read: Monarch Surveyors gains 15% on winning ₹130 Cr Northern Railway consultancy deal; details here

Shareholding pattern of Elitecon International

ParticularsDec 2025Sep 2025Jun 2025
Promoter59.40%59.40%59.50%
FII38.00%38.20%38.30%
DII0%0%0%
Public2.60%2.40%2.30%

About Elitecon International

Elitecon International Ltd (BSE: 539533) operates in tobacco and allied products, serving domestic and global markets including UAE, Singapore, Hong Kong, UK, with expansion plans.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Elitecon International Ltd share price rising today?

A: Elitecon International Ltd share price is rising after securing a ₹202 crore export contract from Bozza Tobacco for cigarette supply in South Africa.

Q: What is Elitecon International Ltd’s main business focus?

A: Elitecon International Ltd manufactures and trades tobacco and allied products for domestic and international markets including UAE, Singapore, Hong Kong and UK.

Q: What are the 52-week high and low of Elitecon International Ltd stock?

A: Elitecon International Ltd stock has a 52-week high of ₹422.65 and a 52-week low of ₹32.26.

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