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Elitecon International long-term tobacco contract of ₹8.75 Bn in Middle East

Elitecon International Limited received a two-year long-term supply contract from Yuvi International Trade FZE for tobacco products valued at USD 97.35 million.

Introduction

leading tobacco manufacturer announced a two-year long-term supply contract with an international partner for cigarettes, hookah tobacco and related products, valued at USD 97.35 million, strengthening its Middle East market presence.

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Share price movement of Elitecon International

On December 15, 2025, Elitecon International Ltd opened at ₹108.00, down 1.25% from its previous close of ₹109.38. The stock reached a high of ₹114.84 (4.95%) and a low of ₹104.40. By 10:55 AM, it traded at ₹114.05, up 4.27%, with a market capitalization of ₹18,230.89 crore.

Elitecon International Secures $97.35 Million Contract

Elitecon International Limited has received a long-term supply contract from Yuvi International Trade FZE. The agreement covers cigarettes, hookah tobacco, premix sheesha and other tobacco-allied products.

The contract value is USD 97.35 million, approximately INR 8.75 billion. The supply agreement is set for a period of two years and will be executed in the normal course of business.

The order strengthens Elitecon International’s presence in Middle Eastern markets. It provides steady export visibility, supports efficient manufacturing utilization, and is expected to contribute to long-term business growth.

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

Elitecon International Ltd delivered a 21.3% return over the past week, gained 99.9% over the past six months, and surged 1,237% over the past year.

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Shareholding pattern of Elitecon International

ParticularsSep 2025Jun 2025Mar 2025
Promoter59.40%59.50%60%
FII38.20%38.30%38.30%
DII0.00%0.00%0.00%
Public2.40%2.30%1.70%

About Elitecon International

Elitecon International Ltd (BSE: 539533) manufactures and trades tobacco and allied products for domestic and international markets, operating in UAE, Singapore, Hong Kong, and Europe, with plans to expand its product range further.

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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 going up today?

A: Elitecon International Ltd share price is rising after the company received a two-year supply contract worth USD 97.35 million.

Q: What does Elitecon International Ltd specialize in?

A: Elitecon International Ltd specializes in manufacturing and trading tobacco and allied products for domestic and international markets.

Q: What is the market capitalization of Elitecon International Ltd?

A: Elitecon International Ltd has a market capitalization of approximately ₹18,230.89 crore as of December 15, 2025.

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