Lorenzini Apparels Penny Stock Extends Rally, Jumps 4% to Fresh Upper Circuit

New Delhi, September 9, 2025 – Shares of the penny stock Lorenzini Apparels Limited (BSE: 540952, NSE: LAL) continued to surge on Tuesday and rose by 4.23% during the early trading hours. With this, the stock has hit another upper circuit. The rally is largely attributed to the company’s announcement of a new retail store launch at Janipur (Jammu). After today’s surge, the stock has rallied about 13.20% in the past month.

Stock Price Movement

The stock at 11:30 AM traded at ₹11.60 (4.41% higher than the previous day’s close). The stock has hit the upper circuit during the day (₹11.66, which is also the day’s high). The total traded volume today was 0.03 crore shares (so far). The stock has surged by 12.63% in the past month. The stock witnessed strong demand with buy orders (27,583 shares) more than three times sell orders (8,270 shares), reflecting heavy retail participation.

Two-Day Rally After Jammu Store Launch

The share has been on a rising spree since the announcement of the new store launch in Jammu and has hit the upper circuit for two consecutive days (Monday and Tuesday).

Reason for the Penny Stock Surge

The recent surge in the penny stock can be attributed to multiple factors. The company’s expansion with a new Janipur, Jammu D store has improved investor sentiment by signaling stronger retail growth prospects. Meanwhile, momentum buying has picked up, fueled by the stock’s low float and high annualized volatility of 56.36%, which attracts speculative traders. Additionally, with a modest market cap of about ₹200 crore, the stock offers valuation comfort, making it appealing to retail investors eyeing potential turnaround gains.

About the Company

Lorenzini Apparels Limited, incorporated in 2007 and listed in April 2023, operates in the garments and apparel sector under its “Monteil” brand. The company focuses on fashion retail through stores and distribution networks across India.

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