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RDB Infrastructure: Stock jumps 5% after signing MoU with Stargen Power

News by Aliceblue News Desk

23 Sept 2025

RDB Infrastructure: Stock jumps 5% after signing MoU with Stargen Power

Introduction

Leading renewable energy developer Stargen Power Private Limited has partnered to execute 52 MW solar projects across five sites near Nagpur, Maharashtra, with a total EPC contract value of ₹225 crore.

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Share price movement of RDB Infrastructure

On September 23, 2025, RDB Infrastructure and Power Ltd (RDBIPL) opened at ₹48.00, up 3.89% from its previous close of ₹46.17. The stock reached a high of ₹48.47 (4.93%) and a low of ₹47.13. By 10:34 AM, it traded at ₹48.45, a 4.94% increase, with a market cap of ₹837.38 crore.

RDB Infrastructure Signs ₹225 Crore Nagpur Solar Deal

RDB Infrastructure and Power Limited (Formerly known as RDB Realty & Infrastructure Limited) has signed a Memorandum of Understanding with Stargen Power Private Limited to execute solar power projects near Nagpur, Maharashtra, totaling 52 MW (AC) and 65 MW (DC).

The projects will be developed across five sites. The total EPC contract value is ₹225 crore. The agreement is domestic, and the execution period is one year from commissioning, with possible mutually agreed extensions.

Promoters and group companies have no interest in Stargen Power Private Limited. The contract is not a related party transaction. The projects aim to expand renewable energy capacity in Maharashtra.

Stock performance of RDB Infrastructure for Period of 1 week, 6 months, and 1 year

RDB Infrastructure and Power Ltd delivered a 4.24% return over the past week, declined 20.3% in the past six months, and gained 21.5% over the past year.

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Also Read: Crompton Greaves: Stock in focus after signing LoA for DC & AC Solar Photovoltaic Water Pumping System

Shareholding pattern of RDB Infrastructure

ParticularsAug 2025Jun 2025Mar 2025
Promoter69%70%70%
FII2.50%0.30%0.30%
DII0.00%0.00%0.00%
Public28.90%29.50%29.30%

About RDB Infrastructure

RDB Infrastructure and Power Ltd (BSE: 533285), part of the RDB Group, operates in real estate construction and development across multiple Indian cities. It is a CREDAI Bengal member with ISO 9001:2008 certification.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is RDB Infrastructure and Power Ltd share price going up today?

A: RDB Infrastructure and Power Ltd share price rose after signing a 52 MW solar project agreement with Stargen Power Private Limited.

Q: What does RDB Infrastructure and Power Ltd specialize in?

A: RDB Infrastructure and Power Ltd specializes in real estate construction, development, and related activities across multiple Indian cities.

Q: What is the market capitalization of RDB Infrastructure and Power Ltd?

A: RDB Infrastructure and Power Ltd has a market capitalization of ₹837.38 crore as of September 23, 2025.

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