New Delhi, April 23 -- Elitecon International shares surged by 5% on Thursday, April 23, despite the overall weak trends in the stock market today, triggered by brent crude oil prices surpassing $100 per barrel following Iran's seizure of two vessels in the Strait of Hormuz, with no indication of peace negotiations restarting.

Elitecon International shares were in green today after hitting 5% lower circuit, since two trading session. Elitecon International shares has shown modest gains in the short term, reflecting a gradual upward trend. Over the past one week, it has risen by 0.15 points, translating to a gain of 0.36%. The momentum has improved over a slightly longer horizon, with the stock gaining 2.12 points over the last two weeks,...