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ELITECON INTERNATIONAL L (ELITECON) - MTF Margin Comparison

Exchange: NSE · Available on 2 brokers · Updated daily

Best MTF Rate: 94% on Paytm Money(1.1x leverage)

Fundamentals Snapshot

Small Cap
CMP
₹26.7
PE
13.3
ROE
43.5%
ROCE
43.5%
Div Yield
0.19%
P/B
12.36
Mkt Cap
₹4,270 Cr

Fundamentals from the Downstox Value Screener (Nifty 500 universe, updated daily). Not investment advice.

MTF Margin Comparison - ELITECON

BEST
Paytm Money
94%
Margin Required
Leverage1.1x
You Pay₹9,400
You Get₹10,000
Share India
96.66%
Margin Required
Leverage1.0x
You Pay₹9,666
You Get₹10,000

ELITECON INTERNATIONAL L - Complete Broker Comparison

ParameterPaytm MoneyShare India
MTF Margin94%96.66%
Leverage1.1x1.0x
You Pay (per ₹1L)₹94,000₹96,660
Broker Funds (per ₹1L)₹6,000₹3,340
Interest Rate (p.a.)~18%~18%
Daily Interest CostN/AN/A
Brokerage₹20/order₹20/order
Pledge ChargesN/AN/A
Max Holding PeriodN/AN/A
Max Borrowing LimitN/AN/A
Auto Square-OffN/AN/A

Paytm Money offers the best margin of 94% for ELITECON, while Share India requires 96.66% - a difference of 2.7 percentage points.

ELITECON MTF Interest Cost Calculator (per ₹1 Lakh Investment)

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in ELITECON with MTF?

If you invest
₹10,000
Stock value you hold₹10,638
Paytm Money funds₹638
Margin used94%
If you invest
₹50,000
Stock value you hold₹53,191
Paytm Money funds₹3,191
Margin used94%
If you invest
₹1,00,000
Stock value you hold₹1,06,383
Paytm Money funds₹6,383
Margin used94%

Frequently Asked Questions - ELITECON MTF

What is the MTF margin for ELITECON?

Paytm Money: 94%, Share India: 96.66%. The lowest margin is 94% on Paytm Money, meaning you only need to pay ₹9400 to buy ₹10,000 worth of ELITECON INTERNATIONAL L shares.

Which broker is cheapest for ELITECON MTF?

For margin percentage, Paytm Money offers the lowest at 94% (1.1x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on ELITECON MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy ELITECON on margin?

Yes, ELITECON INTERNATIONAL L (ELITECON) is available for Margin Trading Facility (MTF) on Paytm Money, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold ELITECON on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for ELITECON?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for ELITECON?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for ELITECON MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

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Compare All 2019+ MTF Stocks

Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

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About ELITECON INTERNATIONAL L (ELITECON) Margin Trading

ELITECON INTERNATIONAL L (ELITECON) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 2 major Indian brokers: Paytm Money, Share India. MTF allows you to buy ELITECON shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Paytm Money offers the best MTF margin of 94% for ELITECON. This means you can buy ₹1,00,000 worth of ELITECON INTERNATIONAL L shares by paying just ₹94,000, with Paytm Money funding the remaining ₹6,000.

MTF Interest Rates for ELITECON - Broker Comparison

The cost of holding ELITECON on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for ELITECON MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding ELITECON on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 2019+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade ELITECON directly through our Scalper Terminal.