By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Stock under Rs 50 opens gap up, extends rally to 4th consecutive session post this update
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Stock under Rs 50 opens gap up, extends rally to 4th consecutive session post this update

BusinessStartup

Stock under Rs 50 opens gap up, extends rally to 4th consecutive session post this update

Times Desk
Last updated: April 10, 2026 5:03 am
Times Desk
Published: April 10, 2026
Share
SHARE


Mumbai:

Shares of RDB Infrastructure and Power Ltd, a leading player in construction and infrastructure, continued their upward momentum for the fourth consecutive day on Friday, April 10, 2026, despite ongoing market volatility. Amid the rally in the markets, the stock opened gap up with a gain of 4.62 per cent at Rs 37.40 against the previous close of Rs 35.75. With this gain, the counter has risen 18.3 per cent in the period. Later, the stock jumped to touch the intraday high of Rs 37.53 to hit the 5 per cent upper circuit. This is the third consecutive session in which the stock has hit its upper circuit. The market cap of the company stood at Rs 767.05. In between, it touched the intraday low of Rs 36.60.

The stock has a 52-week high of Rs 91.89, hit on January 16, 2026, and a 52-week low of Rs 31.14, touched on April 6, 2026. Technically, the stock trades higher than the 5-day moving averages but lower than the 20-day, 50-day, 100-day and 200-day moving averages.

Company shares expansion details 

The rally in the stock comes as the company has shared details about its expansion. According to the information shared, the company has diversified its operations in furniture manufacturing by incorporating RDB Ergoflex LLP. 

While the date of incorporation has not been finalised, the company said it will contribute 51 per cent of the proposed LLP’s total capital. “Upon incorporation, the proposed LLP will be a related party of the company,” the company said in the exchange filing. 

As per the information shared, the total capital contribution to the LLP is set at Rs 1 crore, with the company contributing its share via cash. The entity will be incorporated in India and requires regulatory approvals, including a factory license and an NOC from the West Bengal Pollution Board.

Share price history 

According to BSE Analytics, the stock has delivered a strong return of 1259.78 per cent over 10 years and 2160.84 per cent over 5 years. However, it has corrected 20.61 per cent on a year-to-date basis. 

(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)





Source link

Noida, Ghaziabad join Gurugram in luxury homes demand surge: Will premium segment continue to outperform?
IDBI Bank share price: Stock tanks over 15% amid reports that govt may scrap strategic sale
India’s wholesale price inflation rises to 0.83% in December
Market Opening Bell: Sensex, Nifty open in red amid weak global cues, IT stocks under pressure
Amrit Bharat Express to be launched from Odisha to Gujarat on Sept 27: Check route, schedule, stoppages
TAGGED:4thbseconsecutiveextendsgapnseopenspostrallyRDB Infrastructure and PowerRDB Infrastructure And Power share priceSensexsessionstockstock in focusstock marketupdate
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News

Results out on exam day: Mandya govt. college sets new record

Times Desk
Times Desk
February 2, 2026
Bengaluru PG inspections reveal rampant rule violations; citizens call it ‘eyewash’
3-year-old boy rescued after going missing near Gandipet temple; was dragged into bushes by stray dogs
Karnataka High Court seeks stock of commercial LPG as State government restricts supply only to 1,000 cylinders for hotels per day
Inspections at railway station parking lots flag safety concerns
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?