New Delhi, Dec. 31 -- Multibagger small-cap stock Elitecon International share price hit its 5% upper circuit on Wednesday, December 31, with the stock locking in at Rs.99.80 on the BSE, tracking gains in the broader market. The move came after three consecutive sessions of decline, indicating renewed buying interest in the multibagger small-cap counter.

The rally in Elitecon coincided with a modest rebound in Indian stock markets. Domestic benchmarks indices Sensex and Nifty 50 were trading marginally higher on the final trading session of 2025 after four straight sessions of losses.

Despite recent volatility, Elitecon has delivered staggering returns to investors over the longer term. Since August 2024, the stock has generated returns...