Penny stock below Rs 25 in focus as Board is likely to raise funds by preferential issue or any other method on July 25

DSIJ Intelligence-1 / 20 Jul 2025/ Categories: Penny Stocks, Trending

Penny stock below Rs 25 in focus as Board is likely to raise funds by preferential issue or any other method on July 25

The stock is up by 21 per cent from its 52-week low of Rs 17.16 per share.

On Friday, shares of LKP Securities Ltd gained 1.12 per cent to Rs 20.77 per share from its previous closing of Rs 20.54. The stock’s 52-week high is Rs 30.80 and its 52-week low is Rs 17.16.

LKP Securities Limited has announced that its Board of Directors will convene a meeting on Friday, July 25, 2025. The key agendas for this meeting include considering and approving the Unaudited Financial Results (Standalone and Consolidated) for the First Quarter ended June 30, 2025. Additionally, the board will discuss the raising of funds through a preferential issue or any other method, determine the issue price, and establish the modalities for obtaining shareholder approval for this fundraising initiative.

About the Company

LKP Securities Ltd, established in 1948, is a financial services company offering stock and securities broking along with other financial products. They provide research-based equity advisory and trading services like equities, debt, structured products, portfolio management services, and third-party distribution to a wide range of clients including individuals, corporations, and retail investors. The company boasts a broad reach across India with a presence in over 150 cities.

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Consolidated Results: The company's Q4FY25 reported positive numbers with net sales of Rs 22.08 crore and net profit of Rs 2.65 crore. Looking at the annual results, the company's net sales for FY25 rose by 16 per cent to Rs 111 crore and net profit grew by 30 per cent to Rs 13 crore compared to FY24.

The company has a market cap of over Rs 170 crore and has been maintaining a healthy dividend payout of 19 per cent. The shares of the company have a PE of 16x, an ROE of 13 per cent and an ROCE of 18 per cent. The stock is up by 21 per cent from its 52-week low of Rs 17.16 per share.

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