Elitecon International Ltd. (ELITECON) Share Price Hits Fresh 52-Week Low

Elitecon International Ltd. Share Price fell to a fresh 52-week low of Rs 15.96, down 4.32% today, with a market cap of Rs 2,835.74 crore.

Elitecon International Ltd. Share Price has reached a fresh 52-week low at Rs 15.96, marking a decline of 4.32% from the previous close of Rs 16.68. The stock opened at Rs 16.85 and fluctuated between a high of Rs 16.86 and a low of Rs 15.8 during the trading session. With a market capitalisation of Rs 2,835.74 crore, Elitecon’s performance today has drawn attention due to its significant price movement.

Elitecon Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 15.96
Previous Close	Rs 16.68
Today’s Change	Rs -0.72 (-4.32%)
Day Open	Rs 16.85
Fresh 52-Week Low	Rs 15.8
Day High	Rs 16.86
Current Volume	15,31,760
Turnover	Rs 2.44 crore
Market Capitalisation	Rs 2,835.74 crore

Today’s trading session saw Elitecon International Ltd. Share Price drop to Rs 15.96, a fresh 52-week low. The stock opened at Rs 16.85 and reached a high of Rs 16.86 before declining to a low of Rs 15.8. The turnover for the day was Rs 2.44 crore, with a volume of 1,531,760 shares traded. This activity indicates a heightened interest in the stock, despite the downward movement. The 52-week low event highlights the stock’s current vulnerability in the market.

Elitecon Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 2,835.74 crore
P/E Ratio	8.62x
P/B Ratio	5.93x
ROE	-1.29%
ROCE	-1.22%
EPS	Rs 1.93
Book Value Per Share	Rs 2.81
Dividend Yield	0%

Elitecon International Ltd. was valued at a P/E ratio of 8.62x, a P/B ratio of 5.93x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -1.29% and ROCE of -1.22%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 1.93, book value per share of Rs 2.81, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Sector and Industry Context

Metric	Value
Sector	Trading
Industry	Trading
Benchmark Scope	same industry
Companies in Benchmark	435
Company P/E Ratio	8.62x
Benchmark Median P/E	15.3x
Benchmark Average P/E	70.2x
Benchmark P/E Range	0x to 2,143.98x
Companies with P/E Data	435
Company P/B Ratio	5.93x
Benchmark Median P/B	1.31x
Company ROE	-1.29%
Benchmark Median ROE	1.94%
Company ROCE	-1.22%
Benchmark Median ROCE	3.89%
Company Market Capitalisation	Rs 2,835.74 crore
Benchmark Median Market Cap	Rs 46.16 crore

Elitecon International Ltd. (ELITECON) is classified under sector: Trading and industry: Trading. The numerical benchmark uses 435 same industry companies from the supplied master-data set.

Elitecon International Ltd. (ELITECON) has a P/E ratio of 8.62x, which is below the benchmark median of 15.3x, a difference of -43.66%. The benchmark contains 435 companies with P/E data, ranging from 0x to 2,143.98x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Elitecon International Ltd. (ELITECON) has a ROE of -1.29%, which is below the benchmark median of 1.94%, a difference of -166.49%. Elitecon International Ltd. (ELITECON) has a ROCE of -1.22%, which is below the benchmark median of 3.89%, a difference of -131.36%.

Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.

Within the Trading sector, Elitecon International Ltd. operates with a P/E ratio of 8.62, which is below the industry median of 15.3, suggesting a lower valuation compared to peers. The company’s P/B ratio of 5.93 is significantly above the industry median of 1.31, indicating a higher valuation on book value. The sector comprises 435 companies, and Elitecon’s market cap of Rs 2,835.74 crore places it above the median market cap of Rs 46.16 crore, highlighting its relative size within the industry. However, its negative ROE and ROCE contrast with the industry medians, reflecting operational inefficiencies.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Fischer Medical Ventures Ltd.	FISCHER	2,619.37	82.29	7.11	0	-11.19
Confidence Petroleum India Ltd.	CONFIPET	2,513.07	26.69	1.75	9.89	12.79
Vintage Coffee & Beverages Ltd.	VINCOFE	2,297.67	31.68	4.13	3.02	4.38
SIRCA Paints India Ltd.	SIRCA	2,257.8	34.47	4.72	8.59	11.38
Aayush Art And Bullion Ltd.	AAYUSHBULL	1,780.88	225.69	29.3	-0.35	-0.17

Elitecon International Ltd. (ELITECON) has a P/E ratio of 8.62x compared with the displayed peer median of 34.47x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -1.29% compares with a peer median of 3.02% across the companies shown in the table. ROCE stood at -1.22% versus the displayed peer median of 4.38%, providing a capital-efficiency comparison. Elitecon International Ltd. (ELITECON) has a market capitalisation of Rs 2,835.74 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Comparing Elitecon International Ltd. with its peers, Fischer Medical Ventures Ltd. has a P/E of 82.29 and a market cap of Rs 2,619.37 crore, while Confidence Petroleum India Ltd. has a P/E of 26.69 and a market cap of Rs 2,513.07 crore. Vintage Coffee & Beverages Ltd. and SIRCA Paints India Ltd. have P/E ratios of 31.68 and 34.47, respectively, with market caps of Rs 2,297.67 crore and Rs 2,257.8 crore. Elitecon’s lower P/E ratio suggests a more conservative valuation compared to these peers, but its negative ROE and ROCE highlight operational challenges.

Why Investors Are Watching Elitecon

• Elitecon Share Price reached a fresh 52-week low at Rs 15.96.
• Technical indicators show weak momentum with an RSI of 27.93.
• Fundamentals reveal a low P/E ratio but negative profitability metrics.
• Sector analysis highlights a high P/B ratio compared to industry peers.
• Peer comparison shows a conservative valuation but operational challenges.

About Elitecon

Elitecon International Ltd. operates in the Trading sector, focusing on various trading activities. The company is involved in the distribution and sale of diverse products, catering to a wide range of industries. Despite its significant market presence, the company faces challenges in profitability, as reflected in its negative ROE and ROCE. Elitecon’s valuation metrics indicate a mixed financial position, with a low P/E ratio but a high P/B ratio, suggesting potential areas for improvement in operational efficiency.

Track Elitecon Share Price on Univest

Use Elitecon International Ltd. (ELITECON) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.

Investors can track Elitecon Share Price, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights on Univest. Stay updated with the latest market trends and data-driven analysis.

Frequently Asked Questions

What is the current share price of Elitecon International Ltd.?

Ans. The current share price of Elitecon International Ltd. is Rs 15.96, marking a fresh 52-week low with a decline of 4.32% from the previous close. The stock moved -4.32% during the session.

How does Elitecon’s P/E ratio compare to the industry?

Ans. Elitecon’s P/E ratio of 8.62 is below the industry median of 15.3, indicating a potentially undervalued position compared to its peers. The company trades at a P/E ratio of 8.62x.

What are Elitecon’s profitability metrics?

Ans. Elitecon’s ROE is -1.29% and ROCE is -1.22%, reflecting challenges in generating returns compared to industry medians. ROE stands at -1.29%. ROCE stands at -1.22%. The relevant peer median ROE is 1.94%.

How does Elitecon’s market cap compare within its sector?

Ans. Elitecon’s market cap of Rs 2,835.74 crore is above the sector median of Rs 46.16 crore, highlighting its relative size within the industry. The company operates in the Trading sector.

How does Elitecon’s P/B ratio compare to the industry?

Ans. Elitecon’s P/B ratio of 5.93 is significantly higher than the industry median of 1.31, suggesting a premium valuation on book value. The company trades at a P/E ratio of 8.62x.

Who are Elitecon’s main peers?

Ans. Elitecon’s main peers include Fischer Medical Ventures Ltd., Confidence Petroleum India Ltd., and Vintage Coffee & Beverages Ltd., among others. Comparable listed companies include Fischer Medical Ventures Ltd., Confidence Petroleum India Ltd., Vintage Coffee & Beverages Ltd.

What sector does Elitecon operate in?

Ans. Elitecon International Ltd. operates in the Trading sector, focusing on various trading activities across different industries. The stock belongs to the Trading sector. Its industry classification is Trading. 435 comparable companies were included in the benchmark.