Shares of Lotus Chocolate Company were locked in the upper circuit for the eight straight trading day, up 5 per cent at Rs 1,035 on the BSE as of 12:14 pm on Monday.

This Reliance group stock has rallied 52% in 9 days; zoomed 120% in 5 weeks

Lotus Chocolate, under Reliance Consumer Products, experienced a significant surge in shares, reaching an all-time high after reporting a substantial increase in Q1 profit. The company, known for high-quality chocolate products, has shown remarkable growth and aims to compete with major confectionery players in the market.

Ambani-owned multibagger stock surges 10% in 2 days following a 4600% YoY Q1 PAT increase

Lotus Chocolate was locked in upper circuit of 5% to Rs 735.75 after the company reported consolidated net profit of Rs 9.40 crore in Q1 FY25, steeply higher than Rs 0.19 crore posted in Q1 FY24.

Lotus Chocolate hits the roof after Q1 PAT zooms to Rs 9 cr in FY25

Earnings

Lotus Chocolate Company reports standalone net profit of Rs 10.09 crore in the June 2024 quarter

RCPL has acquired about 51 per cent stake in Lotus Chocolate for Rs 74 crore

Reliance Consumer Completes Acquisition Of Controlling Stake In Lotus Chocolate

The deal was announced on December 29, 2022. RCPL, Lotus Chocolate Company Limited and Prakash P Pai, Ananth P Pai and other members of the promoter group of Lotus signed the deal.

Reliance completes acquisition of 51% stake in Lotus Chocolate Company

RCPL completed the acquisition of a 51% stake in Lotus Chocolate for an aggregate consideration of Rs 74 crore and subscribed to non-cumulative redeemable preference shares of Lotus for an aggregate consideration of Rs 25 crore.

Reliance completes acquisition of Lotus Chocolate

Lotus Chocolate Standalone March 2023 Net Sales at Rs 12.33 crore, down 52.87% Y-o-Y

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Open offer to Lotus Chocolate shareholders begins on March 16 now

Reliance Ind, Lotus Chocolate, BEL, Central Bank, BEML, Duke Offshore, BPCL, Star Housing, ACC, Ambuja Cements, Asian Paints, NHPC, Lokesh Machines, JK Tyre, GK Infraprojects

Stocks that will see action on February 21, 2023

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Lotus Chocolate Co Ltd is engaged in the production of cocoa powder and cocoa mass