10:1 Stock Split Announced & Rs 59 Crore Orders Bagged: Multibagger Solar Stock To Keep Under Radar

The stock gave multibagger returns of 450 per cent in just 1 year and a whopping 2,650 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 announced in due course.

Earlier, the company secured two contracts from Tarmat Limited for infrastructure projects at Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai. The first contract, valued at Rs 35.40 crore, involves strengthening and constructing a perimeter road. The second contract, worth Rs 23.60 crore, focuses on civil works for Taxiway "M" Phase-1. Notably, YMS Finance Private Limited, a company within RDB Infrastructure and Power Limited's promoter group, holds a 4.63 per cent stake in Tarmat Limited.

With the above stock split & 2 orders from Tarmat Ltd, the company also secured two contracts from Damodar Valley Corporation (DVC). The first contract, valued at Rs 7.51 crore, involves the EPC of grid-connected rooftop solar PV plants across DVC-owned buildings in West Bengal and Jharkhand. This contract encompasses the supply of equipment and five years of operation and maintenance services. The second contract, valued at Rs 42.76 lakh, focuses on the comprehensive O&M of existing DVC rooftop solar plants with a cumulative capacity of approximately 10 MWp within the DVC command area for five years.

About the Company

RDB Infrastructure and Power Limited (Formally known as RDB Realty & Infrastructure Ltd), founded in 1981, is a prominent real estate & solar services-related company in India. With a strong presence in major cities like Kolkata, Mumbai, and Hyderabad, they specialise in both residential and commercial projects. Their portfolio includes high-rise apartments, integrated townships, office spaces, and shopping malls. 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 Rs 946 crore with promoters holding 70.42 per cent stake and pubic owning 29.58 per cent stake. The stock gave multibagger returns of 450 per cent in just 1 year and a whopping 2,650 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.