New Delhi, Sept. 8 -- Multibagger penny stock Lorenzini Apparels hit its 5 percent upper circuit of Rs.11.03 in intra-day deals on Monday, September 8 after the company announced a new store opening in Jammu.

"we wish to inform you that the new retail store of the Company at Janipur, Jammu will be operational and open for customers from September 08, 2025," it said in an exchange filing.

Despite the 5 percent upper circuit, the stock remains over 69 percent away from its 52-week high of Rs.35.90, hit in September 2024. Moreover, it hit its 52-week low of Rs.8.45 in May 2025.

In the last 1 year, the penny stock has shed over 60 percent while it lost 9.5 percent in the last 6 months and 13 percent in the last 3 months.

However, in the l...