Stock market update: This company announces interim dividend, quarterly results, stock locked in upper circuit; check details

The company has informed exchanges that it has announced a 5 per cent or Rs 0.05 interim dividend per equity share with a face value of Re 1 for its investors.

Stock market update: Elitecon International Limited has announced its results for the July-September 2025 quarter (Q2) on Wednesday, November 5, 2025. The company’s net profit increased 128% to Rs 20.19 crore, compared to the previous year. The company’s profit in the same quarter last year was Rs 8.84 crore. The company’s revenue from core operations also increased significantly, more than fivefold to ₹504.89 crore, compared to Rs 79.13 crore in the same quarter last year.

Interim dividend amount

The company has informed exchanges that it has announced a 5 per cent or Rs 0.05 interim dividend per equity share with a face value of Re 1 for its investors. The record date for this purpose is November 12, 2025.

“An interim dividend of Re 0.05/- (Five paise only) per equity share of Re 1/~ (Rupee One only) each for the financial year 2025-26,” the company informed the stock exchanges through its filing on Wednesday.

The stock got locked in the upper circuit limit of Rs 170.90 on the BSE. The market cap of the company stood at Rs 27,318 crore. The stock has a 52-week high of Rs 422.65 crore and a 52-week low of Rs 4.90. The stock’s 14-day relative strength index (RSI) is 47.05. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued.

Meanwhile, the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 4 (ST ASM-4) framework. According to BSE Analytics, the company’s stock has returned over 19% in the past week, over 2% in the past month, and over 382% in the past six months. So far in 2025, the stock has delivered a multibagger return of 1547% in the year-ago period. Furthermore, on a year-on-year basis, the stock has gained 3317% in the past year.