Penny Stock Below Rs 100: THIS Textile Stock Jumps On Strong Business Update | Do You Own?

Aastha Spintex Order Book

The Gujarat-based textile company, on Monday, confirmed bagging an order worth rs 51.46 crore for Falcon Yarns Private Limited. The order book will cover a period between August 2026 and October 2026.

The confirmed order book comprises 38 orders aggregating to 17.35 lakh kilograms of cotton yarn from a diversified base of over 10 clients across domestic markets. The order book represents nearly 20.62% of the company's FY2024‐25 revenue and provides clear revenue visibility for the coming quarters.

In its business update, Aastha Spintex confirmed receiving orders from more than 10 reputed clients including Fair Deal, Elkins Tradelinks Ltd, A M Trading, ACME Textile, Alexa Knitfab Pvt Ltd, Amit Export, Amita Yarn Fab, Ankita Export, Niya Textile, Sharvay Agronics LLP and Ventex Textile.

Aastha Spintex Share Price Trend

The stock closed marginally lower at Rs 76.13 per share on BSE on Monday. The stock had touched its 52-week high mark of Rs 140.25 per share on July 22, 2026. The stock dipped to its 52-week low mark of Rs 74.25 per share on July 29, 2026. Its share price value has declined 29.69% in two weeks, ie since its listing on July 6.

Aastha Spintex Bonus Issue, Dividend

Aastha Spintex board of directors recently approved bonus issue in the ratio of 1:1. Which means that it approved the issuance of one new fully paid-up equity share of face value Rs 10 each for every one existing fully paid-up equity share with a face value of Rs 10 each.

The board has recommended a final dividend of Re 0.1 per equity share of face value of Rs 10 each. Which means, that the company has announced a 1% dividend for eligible shareholders. However, the dividend record date is yet to be announced.

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