FIIs Took Fresh Entry in FY25: Multibagger Penny Stock Below Rs 20 with 4,655 Per Cent Returns; Locked In 5 Per Cent Upper Circuit

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FIIs Took Fresh Entry in FY25: Multibagger Penny Stock Below Rs 20 with 4,655 Per Cent Returns; Locked In 5 Per Cent Upper Circuit

The stock gave multibagger returns of 980 per cent in 3 years and a whopping 4,655 per cent in 5 years.

Lorenzini Apparels Ltd shares hit a 5 per cent upper circuit to Rs 11.41 per share from its previous closing of Rs 10.87 per share. The stock's 52-week high stands at Rs 35.90 per share and its 52-week low is Rs 8.45 per share. In recent trading sessions, the stock has been hitting back-to-back upper circuits.

Lorenzini Apparels Ltd., established in 2007, designs, manufactures, and markets ready-made garments for men and women through their own "Monteil" brand, offering formal, semi-formal, and casual wear, both in their exclusive stores and online, while also utilising third-party contractors for some garment production. The company has a market cap of Rs 197 crore and has delivered good profit growth of 46 per cent CAGR over the last 5 years.

Lorenzini Apparels expanded its retail presence with the opening of a new store in Janipur, Jammu. In a move to bolster its digital strategy, the company also considered launching its own dedicated e-commerce platform, aiming to provide customers with a direct online purchasing option. Furthermore, Lorenzini Apparels explored expanding its reach across various leading online marketplaces as part of its digital growth strategy, seeking to strengthen its digital footprint and improve accessibility for a broader customer base.

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According to the Quarterly Results, the net sales increased by 68 per cent to Rs 21.27 crore in Q3FY25 compared to Q3FY24. The company reported a net loss of Rs 1.62 crore in Q3FY25. In nine-month results, the net sales increased by 12 per cent to Rs 49.50 crore and net profit increased by 149 per cent to Rs 12.41 crore in 9MFY25 compared to 9MFY24. Looking at the annual results, the net sales increased by 24 per cent to Rs 54.76 crore and the net profit skyrocketed by 110 per cent to Rs 5.30 crore in FY24 over FY23.

In FY25, FIIs took a fresh entry and bought 28,11,930 shares or 1.63 per cent stake in the company compared to Nil shareholding in FY24. As of March 2025, the company's promoters own 56.17 per cent; FIIs own 1.63 per cent and the rest of the 42.20 per cent stake is owned by the public shareholders. The stock gave multibagger returns of 980 per cent in 3 years and a whopping 4,655 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.

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