RDB Infrastructure touches roof on inking pact with Stargen Power for Solar Power Projects near Nagpur
RDB Infrastructure and Power is currently trading at upper limit of Rs. 48.47, up by 2.30 points or 4.98% from its previous closing of Rs. 46.17 on the BSE.
The scrip opened at Rs. 48.00 and has touched a high and low of Rs. 48.47 and Rs. 47.13 respectively. So far 31968 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 62.68 on 04-Apr-2025 and a 52 week low of Rs. 35.00 on 05-Sep-2025.
Last one week high and low of the scrip stood at Rs. 48.47 and Rs. 43.27 respectively. The current market cap of the company is Rs. 983.38 crore.
The promoters holding in the company stood at 70.28%, while Institutions and Non-Institutions held 0.25% and 29.46% respectively.
RDB Infrastructure and Power has entered into a Memorandum of Understanding (MoU) with Stargen Power for execution of Solar Power Projects of 52 MW (AC)/ 65 MW (DC) to be developed across 5 sites near Nagpur, Maharashtra. The projects are likely to be executed within one year from commissioning of all sites. The EPC contract is valued at Rs 225 crore.
RDB Infrastructure and Power (Formerly known as RDB Realty & Infrastructure) focuses on real estate development and related activities in India.
