New Delhi, April 16 -- Elitecon International share price jumped 5% after the company announced receipt of a major export contract. The small-cap stock was locked in at 5% upper circuit of Rs.41.47 apiece on the BSE.

The FMCG and tobacco company, Elitecon International said it has been awarded a long-term supply contract from South Africa-based Bozza Tobacco (PTY) Ltd, for the supply of cigarettes and other tobacco-allied products.

The value of the contract is Rs.202 crore. The company will supply its tobacco products i.e. cigarettes with the brand name of Red and Black, B&W, Cape, Ossum, Golden Flake etc.

"This long-term supply order provides the company with steady export visibility over the contract period and reflects continued dem...