Valentine’s Day Gift: Multibagger Textile Stock Hit 52-Week High; Board to Consider Bonus & Stock Split on February 14

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Valentine’s Day Gift: Multibagger Textile Stock Hit 52-Week High; Board to Consider Bonus & Stock Split on February 14

The stock gave multibagger returns of 270 per cent in 2 years and a whopping 1,875 per cent in 5 years.

R&B Denims Ltd informed that a meeting of the Board of Directors of the company is scheduled to be held on Saturday, February 14, 2026, at 04.00 P.M. at the Registered Office of the company situated at Block No. 467, Sachin Palsana Road, Palsana, Surat-394315, inter-alia other business, to transact the following businesses:

  1. Consider and approve the Standalone and Consolidated Unaudited Financial Results along with the Limited Review Report thereon for the quarter and nine months ended on 31st December, 2025.
  2. Consider and approve the increase in authorised share capital of the company, subject to requisite approvals.
  3. Consider and approve the proposal of sub-division/split of shares, subject to the requisite.
  4. Consider and approve the proposal for the issue of bonus shares, subject to requisite approvals.
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About the Company

Established in 2012 through a collaboration of the RawatKhedia and Borana groups, R&B Denims Ltd is a significant textile manufacturer located in Surat, India, building upon the over three decades of experience each founding group possesses in the textile sector. The company boasts a diverse product portfolio encompassing a wide range of denim fabrics, including 100 per cent cotton, blends, and specialised options like organic cotton and power stretch, alongside specialised yarns such as cotton tencel and organic yarns and various weaves, shades and finishes; additionally, they offer high-quality carded and combed grey cotton yarns under the Rico brand.

The company has a market cap of over Rs 1,400 crore. On Wednesday, shares of R&B Denims Ltd gained 1.51 per cent to the day’s high of Rs 164.75 per cent from its previous closing of Rs 162.30 per share. The stock also made a 52-week high of Rs 164.75 per share while its 52-week low is Rs 75.03 per share. The stock gave multibagger returns of 270 per cent in 2 years and a whopping 1,875 per cent in 5 years.

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Disclaimer: The article is for informational purposes only and not investment advice.