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 stock opened at RS. 61.00 and recorded a high and low of RS. 61.00 and RS. 58.00, respectively. So far, 11,809 shares have been traded.
The BSE XT-group stock, with a face value of RS. 1, reached 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. Over the last week, the stock traded between RS. 61.00 and RS. 51.67. The company's market capitalization stands at RS. 1,011.08 crore.
In terms of shareholding, promoters hold 70.42%, while non-institutional investors own 29.58%.
RDB Infrastructure Bags Rs. 42 Crore Contract
The company has secured a work contract worth RS. 42 crore from M/s Vardhman Group Realbuild LLP. The contract, signed on March 7, 2025, involves construction on a 2,00,000 square feet property at Sandhurst Road West, Girgaon, Mumbai, Maharashtra.
The project is expected to be completed within 24 months from March 7, 2025, with provisions for extensions if mutually agreed.
About the Company:
Formerly known as RDB Realty & Infrastructure, RDB Infrastructure and Power is a leading real estate company in Eastern India.