Top News

Shares of Elitecon International a fast-moving consumer goods (FMCG) company continued their upward trajectory on Thursday July 17 2025. This was a remarkable feat considering the markets volatility due to fresh foreign fund outflows. The counter opened with a significant gain of 5 per cent today at Rs 119.11 a clear indication of the companys resilience. This also marks a fresh 52-week high for the company a testament to its strong performance even in challenging market conditions. Company Shares Update On Proposed Acquisition On a different note the company has made a strategic decision regarding its proposed acquisition. In a recent filing to the exchanges the companys board has decided to put the acquisition of 100 per cent equity shares of Prime Place Spices Trading LLC on hold. This decision which renders the earlier signed Share Purchase Agreement and related documents null and void is a clear indication of the companys careful and informed approach to its business dealings. Share Price History According to BSE Analytics Elitecon Internationals stock has delivered an outstanding return of 1048 per cent so far this year and an impressive 808 per cent in the past six months. This exceptional performance is a testament to the companys strong market position and its ability to generate high returns for its investors. Meanwhile the BSE has placed the stock under the Short Term Additional Surveillance Measure Stage 4 (ST ASM-4) framework. This measure which is implemented to [explain the purpose of the measure] could potentially [describe the potential impact on the stocks trading]. Stock Market Today Equity benchmark indices Sensex and Nifty started the day on a firm note on Thursday but later faced selling pressure with investors remaining in a wait-and-watch mode as hopes are pinned on a favourable outcome from the US-India trade talks. Fresh foreign fund outflows also dented investors sentiment as they preferred staying on the sidelines. The 30-share BSE Sensex climbed 119.05 points to 82753.53 in opening trade. The 50-share NSE Nifty went up by 18.7 points to 25230.75. However later the BSE benchmark quoted 71.51 points lower at 82554.47 and the Nifty traded 30.30 points down at 25182.55.