Textile penny stock under Rs 10 jumps 6.31% on January 16; Do you own it?

Lorenzini Apparels Ltd shares jumped 6.31 per cent to Rs 8.42 per share from their previous closing of Rs 7.92 per share. The stock's 52-week high is Rs 19.57 per share, and its 52-week low is Rs 7.60 per share.

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 over Rs 140 crore.

In its Quarterly Results, the net sales increased significantly by 86 per cent year-on-year, reaching Rs 17.07 crore in Q2FY26 compared to Rs 9.19 crore in Q1FY26. Profit after Tax (PAT) also grew substantially, rising by 48 per cent to Rs 1.42 crore in Q2FY26 compared to Q1FY26. Looking at its half-yearly results, the company reported net sales of Rs 26.26 crore and net profit of Rs 2.38 crore in H1FY26. Looking at the annual results, the net sales increased by 16 per cent to Rs 63.42 crore and the net profit increased 10 per cent to Rs 5.84 crore in FY25 over FY24.

As of September 2025, the company's promoters own 56.17 per cent; FIIs own 1.56 per cent and the rest of the 42.27 per cent stake is owned by the public shareholders. The stock is up by 80 per cent in 3 years and has given multibagger returns of 1,600 sper cent in 5 years.

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