4,100 Per Cent Multibagger Returns; Board Announces Stock Split From Rs 10 to Re 1
The stock gave multibagger returns of 760 per cent in just 1 year and a whopping 4,100 per cent in 5 years.
RDB Infrastructure and Power Limited (RDBIPL) has announced a proposed 10:1 stock split of its equity shares. This means each existing Rs 10s face value equity share will be divided into 10 equity shares of Re 1 each. The company aims to increase liquidity and attract a wider investor base through this stock split. The record date for the split will be determined after shareholder approval through a postal ballot e-voting process.
About the Company
RDB Infrastructure and Power Limited (Formally known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialize in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls.
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The company is committed to quality and innovation, aiming to deliver exceptional living and working spaces. By focusing on customer satisfaction and sustainable development practices, RDB Realty & Infrastructure Ltd has established itself as a trusted name in the Indian real estate industry.
The company has a market cap of over Rs 900 crore with promoters holding 70.42 per cent stake and pubic owning 29.58 per cent stake. The stock gave multibagger returns of 760 per cent in just 1 year and a whopping 4,100 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.