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R&B Denims Ltd share Price Today

Company details

68.93
68.93
26.50
70.00
6M Return 79.65%
1Y Return 139.92%
Mkt Cap.(Cr) 620.18
Volume 25,371
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 25,371

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R&B Denims Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with high TTM EPS Growth
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (1)

  • Low Piotroski Score : Companies with weak financials

Opportunity (3)

  • Positive Breakout Third Resistance ( LTP > R3)
  • Highest Recovery from 52 Week Low
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 68.9
R2 68.9
R3 68.9
Pivot

68.93

S1 68.9
S2 68.9
S3 68.9
EMA SMA
61.2
58.6
54.1
47.9
60.3
59.0
53.3
44.5
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GOENKA BUSINESS & FINANCE LIMITED Bulk Purchase 2023-04-19 27.84 750000 BSE
HEM SECURITIES LIMITD Bulk Sell 2023-04-19 27.84 1325000 BSE
GOENKA BUSINESS & FINANCE LIMITED Bulk Sell 2023-04-19 27.84 184316 BSE
Name Category Shares
RAJKUMAR MANGILAL BORANA PROMOTER 14.67%
DEEPAK DALMIA PROMOTER 13%
AMIT DALMIA PROMOTER 12.86%
ANKUR MANGILAL BORANA PROMOTER 11.67%
MANGILAL AMBALAL BORANA PROMOTER 2.14%
MANGILAL AMBALAL BORANA HUF PROMOTER 1.61%
RAJKUMAR MANGILAL BORANA HUF PROMOTER 1.31%
DHWANI ANKUR BORANA PROMOTER 1.09%
ANKUR MANGILAL BORANA HUF PROMOTER 0.61%
RAWATKHEDIA SILK MILL LLP PROMOTER 10.72%
MAYFAIR VINIMAY PRIVATE LIMITED PROMOTER 2.68%
RAWATKHEDIA PROCESSORS PRIVATE LTD PROMOTER 1.07%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

R&B Denims Ltd Stocks COMPARISON

Financials( in Cr) R&B Denims Ltd Grasim Industries Ltd Trident Ltd Raymond Ltd Welspun Living Ltd
Price 68.93 2,423.65 40.20 2,253.85 144.15
% Change 10.24 2.28 4.28 4.33 1.80
Mcap Cr 620.18 164,941.50 20,485.74 15,004.78 14,008.61
Revenue TTM Cr 262.77 117,627.08 6,332.26 8,214.72 8,093.76
Net Profit TTM Cr 15.48 11,078.20 441.61 536.96 202.51
PE TTM 27.24 27.79 46.20 8.55 20.88
1 Year Return 139.92 40.38 22.56 40.79 54.50
ROCE 17.20 9.04 11.89 21.11 5.91
ROE 19.27 14.35 10.99 23.24 5.03
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 79.28 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,908.21 -32,861.14
LAST 3M 100,212.68 -40,336.57
LAST 6M 168,007.15 51,016.84
LAST 12M 259,938.69 133,487.81

R&B Denims Ltd Information

Stock PE (TTM)
27.24
Promoter Holding
57.39%
Book Value
17.9958
ROCE
17.2%
ROE
19.27%
Description
  • R&B Denims Ltd, a Public Limited Company was incorporated in 2010, promoted by RawatKhedia and the Borana Groups, undoubtedly two of the most in sequential textile houses in Surat and is presently under the leadership of Mr. Anand Dalmia and Mr. Mangilal Borana respectively. The company is one of the largest vertically integrated textile manufacturers with over 30 million meters capacity of production. The Company has established its footprint in both domestic and global markets and is presently engaged into manufacturing and sale of quality Denim Textile products. The company had decided to invest in sustainable energy through solar energy and wind energy plant respectively. It installed on site solar plant having capacity of 1200 KW and off site wind mill with the capacity of 2.7 MW. The company focused in increasing the production, maintained price competitiveness and have moved up the value chain in expanding the product line. The company adopted the Policy called "Reduce, Reuse and Recycle" and installed the rain water harvesting system for reducing water consumption. Also, it is a member of Gujarat Eco-Textile Park (GETP) since 2014 and the Company makes sure that it implements various measures across all its operations to control hiding emissions from polluting water bodies and also re-cycling the polluted water to reusable condition. The Company also installed Air Receiver in the weaving department to reduce and control on toxin emissions. It obtained a license from Gujarat Pollution Control Board (GPCB) to ensure pollution control. Apart from this, the company invested in Solar and Wind Energy in FY 2020-2021. The Company generates renewable energy in-house through roof-top solar PV, off-site captive wind farms. Solar Plant is commenced from the mid of April 2021 and Wind Plant is commenced from 1st August, 2021. The company is equipped with modern infrastructure facilities which assist in smooth production. The manufacturing unit is outfitted with advanced machines and equipment and a trained staff, who have years of experience behind them. In selling products to clients, the company has facilitated a smooth transportation mechanism through a strong base of transporters and traders. The company regularly incur maintenance capital expenditure to keep the technology relevant, updated to offer the widest range of fabrics while conserving environment through reduced carbon footprint, water consumption and manpower stress.

Registered Address

Block No 467, Sachin Palsana Road Palsana, Surat, Gujarat, 394315

Tel : 91-9601281648
Email : compliance:rnbdenims.com; info:rnbdenims.com
Website : http://www.rnbdenims.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 538119
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE012Q01021

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