New Delhi, July 9 -- Elitecon International share price retraced after jumping over 9%, touching an intraday high of Rs.26 apiece on BSE in Thursday's trading session.

The stock rally came after heavy trading volume and stock market rebound on 9 July. Both Indian indices rebounded in early trade on Thursday, with Sensex climbing over 495.86 points to 76,998.54, meanwhile, 50-share NSE Nifty went up by 148.70 points to 24,025.

Elitecon International shares opened at Rs.24.51 apiece today, as compared to previous close of Rs.23.88 on Wednesday.

In an exchanges filing on 16 June, the company gave a clarification regarding delay in submission of the audited financial results of the company for the quarter and financial year ended March 31....