Bengaluru, June 24 -- This small-cap Tobacco Stock, engaged in manufacturing and marketing tobacco products, including cigarettes, sheesha, and smoking mixtures, hit a 5 percent upper circuit after the company announced a 1:10 stock split with a record date set for June 25, 2025.

With a market capitalization of Rs. 8,535.19 crores, the shares of Elitecon International Limited hit a 5 percent upper circuit of Rs. 534.95 per share on Tuesday, up from its previous closing price of Rs. 509.50 per share.

Since then, the stock has retreated and is currently trading at Rs. 533.95 per equity share. Over the past year, the stock has provided impressive returns of more than 4,745.74 percent.

Elitecon International Limited has announced that th...