indiatvnewshace 141d
Shares of fast-moving consumer goods (FMCG) company Elitecon International are in action even as stock market benchmark indices Sensex and Nifty declined in early trade amid the persistence of foreign fund outflows and geopolitical tensions, which weighed on investors' sentiment. While the 30-share BSE Sensex declined 311.33 points to 82,934.85 in early trade. The 50-share NSE Nifty dropped 99.5 points to 25,486. Amid this, the share price of the company hit the 5 per cent upper circuit at Rs 78.20. The stock started the trading session in the red at Rs 71.40 against the previous close of Rs 74.48 on the BSE. It dipped further to touch the low of Rs 70.76 before rebounding amid firm buying. The stock later touched the intraday high of Rs 78.20. The market cap of the company stood at Rs 12,498.67.