FIIs bought 40,89,730 shares in FY25: Multibagger penny stock below Rs 20 hit upper circuit on June 24
The stock gave multibagger returns of 2,400 per cent in 5 years and a whopping 3,842 per cent since its listing in 2018.
On Tuesday, shares of this Small-Cap company hit a 2 per cent upper circuit to Rs 14.19 per share from its previous closing of Rs 13.92 per share. The stock's 52-week high is Rs 33.92 per share and its 52-week low is Rs 10.84 per share.
With a 57-year legacy, Hardwyn India Ltd stands as a symbol of innovation, quality, and reliability in architectural hardware. Its international presence reflects a meticulously crafted global supply chain and trusted distribution network. Hardwyn prides itself on unwavering customer support through its vast dealer and distributor network. Beyond products and services, Hardwyn is deeply invested in environmental sustainability and community welfare, adhering to stringent green manufacturing. This dedication underscores Hardwyn's vision, even as it contributes significantly to national development and solidifies its industry leadership.
According to Quarterly Results, the total income increased by 4 per cent to Rs 46.30 crore in Q4FY25 compared to Q4FY24. The company reported a net profit of Rs 1.86 crore in Q4FY25. In its annual results, the net sales increased by 21 per cent to Rs 184.60 crore and net profit increased by 10 per cent to Rs 11.23 crore in FY25 compared to FY24.
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Additionally, Hardwyn India's recent achievements, including IS 6315:1992 certification for its floor springs and strategic entry into the Bhutanese market through an Rs 5 crore MoU with The Gyalsung Infra for product supply over two years, highlight its commitment to quality, expansion, and global aspirations.
On December 27, 2024, the shares of the company ex-traded bonus shares in the ratio of 2:5, i.e., investors received 2 bonus shares for every 5 shares. In March 2025, FIIs bought 40,89,730 Shares and increased their stake to 0.91 per cent compared to December 2024. The company boasts a market capitalisation of Rs 693 crore. The stock gave multibagger returns of 2,400 per cent in 5 years and a whopping 3,842 per cent since its listing in 2018.
Disclaimer: The article is for informational purposes only and not investment advice.