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25% Return In 5 Days; Now Stock Split & Bonus Share Announced; 28 March Fixed

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Lorenzini Apparels Ltd (NSE – BE: LAL): The shares of multibagger company Lorenzini Apparels are continuously rising. The shares of the company topped the level of 456.75 on March 21, and an upper circuit of 5 percent.

In the last 5 days, shares of Lorenzini Apparels have increased by more than 25%. The company’s shares have gone from Rs 347.60 to Rs 456.75 during this period. 

March 28 Is The Record Date For The Distribution Of Bonus Shares

Lorenzini Apparels is dividing its Rs 10 face value shares into Re 1 face value shares. The company has set the record date for bonus shares and splits of stock for 2024 as March 28, 2024.

Lorenzini Apparels is giving bonus shares to its investors for the first time. The 52-week peak for Lorenzini Apparel shares is Rs 508.

However, the 52-week low of shares in the company is 82.60. The company’s shares were at the same amount on the 21st of March 2023.

Shares Jumped 353% In One Year

Lorenzini Apparel’s shares have seen a meteoric rise in the last year. Shares of the garment company have risen 353% in the last year. 

Shares of Lorenzini Apparels were at Rs 95.90 on March 21, 2023.

If a person had invested Rs 1 lakh in the shares of Lorenzini Apparels on March 21, 2023, and had maintained his investment in the company’s shares, then the current value of the company’s shares would have been Rs 4.53 lakh. 

Its shares have grown by around 87% in the last six months. In the meantime, the shares of the company have appreciated to a whopping 81 percent in the first quarter of this year.

About Lorenzini Apparels Ltd 

Lorenzini Apparels Limited is an Indian company that is in the manufacturing designing, marketing, and selling of ready-made clothing. 

The company offers a wide selection of formal semi-formal, and casual clothing for men as well as casual clothes for women. 

Its range of products includes shorts, jeans, trousers and shirts, t-shirts, jackets, sweatshirts, and blazers designed for men, as well as shorts, jeggings capris and skirts, tops, jackets, shirts sweatshirts, sweaters, dresses designed for females. 

The process of manufacturing garments includes cutting stitches, cutting, finishing, examining, and packing. Additionally, it outsources clothing production on a work-by-job basis to contractors from third parties. 

Its products are sold under the brand names Monteil & Munero and Monteil and Calgari through its stores and outlets located in several locations across Delhi, Uttar Pradesh, and Haryana. 

The factory for manufacturing is located in Tuglakabad Extension, New Delhi.

The company serves its clients through online and retail channels.

Fundamental Analysis of Lorenzini Apparels Ltd

Market Cap₹ 441 Cr.
Current Price₹ 456.75
52-wk High₹ 510
52-wk Low85.0
Stock P/E79.9
Book Value₹ 17.8
Dividend0.00 %
ROCE17.1 %
ROE17.8 %
Face Value₹ 10.0
P/B Value24.5
OPM17.8 %
EPS₹ 5.44
Debt₹ 14.8 Cr.
Debt to Equity0.82

Lorenzini Apparels Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 400₹ 475
2025₹ 480₹ 523
2026₹ 525₹ 598
2027₹ 621₹ 685
2028₹ 690₹ 748
2029₹ 800₹ 843
2030₹ 900₹ 943
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Lorenzini Apparels Ltd Shareholding Pattern

Promoters Holding
Sept 202262.91%
Mar 202362.91%
June 202362.91%
Sept 202362.91%
Dec  202362.91%
Public Holding
Sept 202237.10%
Mar 202337.10%
June 202337.10%
Sept 202337.10%
Dec  202337.10%

Lorenzini Apparels Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 25.47 Cr
2020₹ 34.97 Cr
2021₹ 25.49 Cr
2022₹ 24.43 Cr
2023₹ 55.13 Cr
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Last 5 Years’ Net Profit:

2019₹0.64 Cr
2020₹0.37 Cr
2021₹0.08 Cr
2022₹0.12 Cr
2023₹5.52 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190.18
20200.18
20210.38
20220.72
20230.7

Last 10 Years’ Profit Growth:

10 Years:49%
5 Years:42%
3 Years:89%
Current Year:1992%
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Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:6%
3 Years:7%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:13%
5 Years:13%
3 Years:8%
Current Year:79%

Conclusion

This article is a complete guide about Lorenzini Apparels Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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