Apparel

Lorenzini Apparels' stock hit a 5% upper circuit at ₹11.03 after announcing a new store opening in Jammu. Despite this, it remains 69% below its 52-week high. The company's Q1 net sales fell 39.46%, raising growth concerns.

Lorenzini Apparels shares fell 3% to ₹19.70 after the board deferred the issuance of bonus equity shares. The board, however, approved the appointment of Sapna Khanna as an independent director amidst the decision to postpone the bonus share proposal.

Multibagger SME IPO traded ex-bonus and ex-split on 28th March 2024

Lorenzini Apparels has transformed from a penny stock to a multibagger, soaring 6,518% in five years. The stock's volatility reflects both its potential for high returns and the inherent risks of penny stocks, highlighting the importance of thorough research for investors.

Multibagger penny stock: In the last five years, the small-cap stock has ascended from ₹5.50 per share level to ₹425 per share level

Reportedly, the Pro variants of iPhone 14 will pack a higher charging speed as compared to the iPhone 13 Pro and iPhone 13 Pro Max. These phones and Apple Watch Series 8 are expected to make their debut on September 07, 2022.

When Q3FY22 results are announced, management commentaries would shine light on the situation

Page has denied wrongdoing and called allegations of verbal abuse and workplace intimidation against employees outrageous'Bengaluru-headquartered Page is the exclusive licensee for Jockey wear in India and six other countries

Total apparel exports will be now up from USD 15.4 billion last fiscal to about USD 22 billion in 2020-21The chairman said the council would organise virtual trade fairs and exhibitions as lockdowns in many countries have impacted international trade

The share of online purchases of smartphones is expected to rise to 45% from 38% in pre-covid levels, the report noted