DIIs increase stake: Jewellery penny stock under Rs 25 jumps over 8 per cent on June 30; Do you own it?
The stock is up by 56.8 per cent from its 52-week low of Rs 14 per share.
Today, the shares of Motisons Jewellers Ltd jumped 8.8 per cent to Rs 21.95 per share from its previous closing of Rs 20.18 per share. The stock’s 52-week high is Rs 33.40 and its 52-week low is Rs 14. The shares of the company saw a spurt in volume by more than 1.20 times on the BSE. DIIs bought 1,20,000 shares and increased their stake to 0.49 per cent in March 2025 compared to December 2024.
Motisons Jewellers Ltd, established in 1997, is a prominent Indian jeweller offering an extensive collection of gold, diamond, kundan, pearl, silver and platinum jewellery, boasting over 300,000 designs spanning traditional, modern, and fusion styles. The company also arranges virtual appointments to assist its customers. Products offered through online marketplaces are diverse and not available in the showrooms.
According to Quarterly Results, the net sales increased by 1.8 per cent to Rs 118.75 crore and net profit increased by 3.3 per cent to Rs 11.14 crore in Q4FY25 compared to Q4FY24. In its half-yearly results, the net sales increased by 10.1 per cent to Rs 264.06 crore and net profit increased by 22.6 per cent to Rs 26.45 crore in H2FY25 compared to H2FY24. Looking at the annual results, the net sales increased by 10.9 per cent to Rs 462.11 crore and net profit increased by 34 per cent to Rs 43.17 crore in FY25 compared to FY24. The company reduced the debt to 72.4 crore in FY25 compared to FY24.
Motisons Jewellers Limited ex-traded stock split of shares from a face value of Rs 10 to Re 1 each. This move, subject to shareholder approval, aims to increase the liquidity and accessibility of the company's shares. The record date for the stock split was November 9, 2024. The company has a market cap of over Rs 2,000 crore and has delivered good profit growth of 68.7 per cent CAGR over the last 5 years. The stock is up by 56.8 per cent from its 52-week low of Rs 14 per share.
Disclaimer: The article is for informational purposes only and not investment advice.