Penny stock under 10 rupees close to 5% upper circuit | Here's why
New Delhi, Sept. 22 -- Elitecon International share price jumped over 5% in Tuesday's trading session after the company announced its quarterly financial results.
Elitecon International shares opened at Rs.8.14 per share today on BSE, as compared to previous close of Rs.8.38 on Monday. The penny stock reached an intraday of Rs.8.79, close to hitting upper circuit on 22 September.
Elitecon International Limited on Tuesday reported a strong increase in consolidated revenue from operations to Rs.5,074.80 crore for the financial year ended March 31, 2026, compared with Rs.548.76 crore in the previous fiscal.
The diversified FMCG company, with operations spanning tobacco and allied products, edible oil and agro, and international FMCG trade...
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