FIIs hold 22.52% stake: Only buyers in this multibagger penny stock below Rs 50; Locked in 5% upper circuit on July 10

DSIJ Intelligence-1 / 10 Jul 2025/ Categories: Multibaggers, Penny Stocks, Trending

FIIs hold 22.52% stake: Only buyers in this multibagger penny stock below Rs 50; Locked in 5% upper circuit on July 10

From Rs 0.82 to Rs 48.10 per share, the stock gave multibagger returns of 5,766 per cent in 3 years.

On Thursday, shares of Eraaya Lifespaces Limited hit a 5 per cent upper circuit to Rs 48.10 per share from its previous closing of Rs 45.81 per share. The stock’s 52-week high is Rs 316.90 per share, and its 52-week low is Rs 40.37 per share.

Eraaya Lifespaces, a lifestyle and hospitality company focused on luxury, innovation, and technology, is expanding its global footprint and offerings through the strategic acquisition of Ebix Inc. USA and its worldwide subsidiaries. This move significantly broadens Eraaya's scope beyond its core business of creating immersive cultural experiences, as Ebix is a global leader in software and e-commerce solutions across insurance, financial services, travel, healthcare, and e-learning. By integrating Ebix's expertise in areas like advanced insurance exchanges and SaaS solutions, Eraaya aims to drive transformative innovation and redefine the future of business in interconnected global markets.

In its Quarterly Results (Q4FY25), the company reported net sales of Rs 1.88 crore and a net loss of Rs 6 crore while in its half-yearly results (H2FY25), the company reported net sales of Rs 15.32 crore and a net loss of Rs 26.85 crore. Looking at its annual results (FY25), the company reported net sales of Rs 22.32 crore and a net profit of Rs 25.87 crore.

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Recently, Eraaya Lifespaces Limited announced that its subsidiary, A.D.A.M. Consumer Health (ADAM), part of the Ebix Group, has retained its URAC Health Content Provider Certification. This achievement highlights ADAM's commitment to providing credible, high-quality health information to consumers, meeting international standards for transparency and editorial integrity. Beyond this quality milestone, ADAM also demonstrated strong financial performance in FY 2023–24, reporting approximately USD 7.7 million in revenue. This reinforces its position as a leader in health education solutions and content development, serving a diverse global client base and remaining a crucial part of the Ebix Group’s healthcare content and e-learning vertical.

The company has a market capitalisation of over Rs 900 crore and a 290 per cent 3-year stock price CAGR. From Rs 0.82 to Rs 48.10 per share, the stock gave multibagger returns of 5,766 per cent in 3 years. The promoters of the company bought 14 lakh shares in Q4FY25 compared to Q3FY25. As of March 2025, the company's promoters own 35.61 per cent stake, FIIs own 22.52 per cent, DIIs own 1.81 per cent and the rest 40.06 per cent stake is owned by the public.

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