RDB Infrastructure and Power rises on bagging work contract worth Rs 42 crore
RDB Infrastructure and Power is currently trading at Rs. 58.50, up by 0.27 points or 0.46% from its previous closing of Rs. 58.23 on the BSE.
The scrip opened at Rs. 61.00 and has touched a high and low of Rs. 61.00 and Rs. 58.00 respectively. So far 11809 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 61.27 on 10-Dec-2024 and a 52 week low of Rs. 11.59 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 61.00 and Rs. 51.67 respectively. The current market cap of the company is Rs. 1011.08 crore.
The promoters holding in the company stood at 70.42%, while Non-Institutions held 29.58% stake in the company.
RDB Infrastructure and Power has bagged the work contract worth Rs 42 crore from M/s Vardhman Group Realbuild LLP and entered into contract agreement dated March 7, 2025 for construction on the property located at Sandhurst Road West, Girgaon, Mumbai, Maharashtra, India; having built up area admeasuring around 2,00,000 Square Feet.
The contract is to be executed within 24 months from March 7, 2025 and any further extension as may be mutually agreed between the parties.
RDB Infrastructure and Power (formerly known as RDB Realty & Infrastructure) is one of the leading real estate companies in Eastern India.
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