RDB Infrastructure and Power is trading at RS. 55.00, up by 0.55 points or 1.01% from its previous close of RS. 54.45 on the BSE.
The stock opened at RS. 55.99 and touched an intraday high and low of RS. 55.99 and RS. 53.00, respectively. A total of 655 shares have been traded so far.
This BSE group 'X' stock, with a face value of RS. 1, hit a 52-week high of RS. 62.68 on April 4, 2025, and a 52-week low of RS. 13.67 on April 30, 2024. Over the past week, the stock has traded between RS. 57.54 and RS. 53.00. The company's current market capitalization stands at RS. 959.06 crore.
Promoter holding in the company is 70.42%, while institutional investors hold 0.29% and non-institutional investors hold 29.29%.
In a key development, RDB Infrastructure and Power has signed a Memorandum of Understanding (MoU) with Bigbull Infrabuild to develop a commercial/multi-storied retirement housing project. The project will be developed on company-owned land measuring 2.8375 acres in Village Palra, Sub-Tehsil Badshahpur, Gurgaon, Haryana. As per the agreement, RDB Infrastructure will receive 31.5% of the revenue, while Bigbull Infrabuild will receive 68.5%.
RDB Infrastructure and Power, formerly known as RDB Realty & Infrastructure, is primarily engaged in real estate development and related activities in India.