Penny Stock Under Rs. 60 Crashes 90% in 5 Days After 10:1 Stock Split; What’s Next?

RDB Infrastructure and Power Limited, a microcap penny stock, recently underwent a 10:1 stock split, which significantly impacted its share price. The last date for investors to hold shares before the split was February 28, 2025. Following the stock split, the RDB Infrastructure witnessed an extreme price correction, plunging nearly 90% in just five days, raising concerns among retail investors. However, despite this drastic fall, the stock has delivered multibagger returns of 260% over the past year.

RDB Infrastructure Share Price Today

On March 4, 2025, RDB Infrastructure shares saw some recovery at Rs. 57.99 gaining 3.41% intraday after a sharp 4.99% drop in early trade. The stock had experienced a major sell-off by the end of February, leading to a 90% decline on February 28. The stock has managed to recover 5.86% over the past month. RDB Infrastructure's share price has declined by Rs. 44.61% over the last six months. Despite recent volatility, the stock has still gained 9.66% in 2025. Over the past 12 months, this solar sector penny stock has skyrocketed 260%, making it one of the most volatile stocks in its segment.

RDB Infrastructure Stock Split Update

RDB Infrastructure and Power Limited has implemented a 10:1 stock split to improve liquidity and attract a broader investor base. Under this split, each equity share with a face value of Rs. 10 has been subdivided into ten shares with a face value of Rs. 1 each. The record date for this stock split was set for Friday, February 28, 2025.

RDB Infrastructure Q3 FY24 Financial Performance

RDB Infrastructure reported a strong financial performance in Q3 FY24 (October-December 2024). The company's net profit surged by 88.04% to Rs. 1.73 crore, compared to Rs. 0.92 crore in Q3 FY23. Sales skyrocketed 251.45% year-over-year (YoY), reaching Rs. 24.18 crore in Q3 FY24, compared to Rs. 6.88 crore in the same quarter of FY23. The company reported gross sales of Rs. 672.16 crore for the latest quarter. The total income for the quarter stood at Rs. 678.41 crore.

About RDB Infrastructure and Power Ltd.

Established in 2006, RDB Infrastructure and Power Ltd. operates in the renewable energy and infrastructure sector. The company has been actively involved in solar power generation and infrastructure development projects. The market capitalization of the company stood at Rs. 920.86 crore as of March 4, 2025.