Elitecon International is set to remain in sharp focus this week. The company has scheduled a crucial board meeting on 25 July, where it will consider raising ₹300 crore through a Qualified Institutional Placement (QIP). On Friday, its shares closed 5 per cent higher on the BSE at ₹125 apiece. Stock Doubles in One MonthElitecon International has turned out to be a multibagger, rewarding its positional investors handsomely. 1-month gain: 128% 3-month gain: 223% 6-month gain: 853% In 2025 so far: 1105% rise In contrast, the Sensex index gained just 0.38% during the same one-month period. Stock Split Sparks MomentumRecently, the company executed a stock split, dividing each share into 10 parts, reducing the face value to ₹1 per share. As per the June quarter shareholding pattern: Promoter holding: 59.50% Public holding: 40.50% What Does the Company Do?Elitecon International is engaged in the manufacturing and sale of various tobacco products. The company currently operates across the UAE, Singapore, Hong Kong, and several European countries. Key Market Details52-week high: ₹125.06 52-week low: ₹1.10 Market capitalisation: ₹19,981 crore Get Latest News live on Times Now along with Breaking News and Top Headlines from Business, Companies and around the world.