Small-Cap Stock Under Rs 100 Confirms Record Date For Stock Split & Bonus Issue, Stock At 52W-Low; Buy?

Over 30 million meters of denim are produced yearly by R&B Denims, one of the largest vertically integrated denim manufacturers in the world. Established in 2012, R&B Denims is a pioneer in the Indian denim sector, having been the first to start manufacturing in Surat. The record date for dual corporate actions, such as bonus shares and stock split, has been declared by the corporation. R&B Denims Ltd's (RNBDENIMS) share price ended at Rs 71.48 on the BSE on March 25, 2026. Due to the stock hitting its lower circuit limit and 52-week low throughout the session, there has been a lot of selling pressure. The market capitalization of the firm was Rs 646.01 Cr.

R&B Denims Record Date For Bonus Issue

The Board of Directors of the company has fixed 03rd April, 2026 as the record date for the purpose of determination of members eligible for issue of bonus equity shares in ratio 1:2 i.e 1 bonus equity share will be issued for every 2 equity shares held.

'The deemed date of allotment shall be Monday, 06th April, 2026, for the purpose of allotment of said Bonus Shares of the Company," R&B Denims confirmed in a stock exchange filing.

R&B Denims Stock Split

The Board has further fixed 03rd April, 2026 as the record date for the purpose of determination of members eligible for subdivision of shares of face value Rs. 2/- to Re. 1/- each.

R&B Denims Share Price Trend

From its 52-week high, the stock has experienced a significant decline. On February 25, 2026, it reached a 52-week high of Rs 209.30. Since then, it has drastically dropped to the current market price of Rs 71.80, which also represents its 52-week low, which was recorded on March 25, 2026. This indicates that the stock has dropped by around 65.7% from the 52-week high, or Rs 137.50 from its peak. The stock is currently trading at its 52-week low of Rs 71.80, indicating that all of its earlier-year gains have been erased.

In order to determine if the company is overpriced or a good deal, investors frequently compare its Price-to-Earnings (P/E) ratio of 24.94 to the average for the textile industry. Currently, the Price-to-Book (P/B) ratio is around 3.16 and the Earnings Per Share (EPS) is Rs 2.72. A recent Rs 216 crore order win and a planned 1:2 bonus issue and stock split anticipated for early April makes the stock to be in focus in the upcoming sessions.

R&B Denims Target Price

"R & B Denims stock price is bearish and oversold with next support at 67.8 on the Daily charts. Investors should buy only if Daily close is above resistance of 79.2, which could lead to a target of 97 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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