Realty stock hits 5% upper circuit after receiving order worth ₹42 Cr from Vardhman GroupRealty stock hits 5% upper circuit after receiving order worth ₹42 Cr from Vardhman Group

Introduction:

Leading realty firm has secured a ₹42 crore construction contract from Vardhman Group Realbuild LLP. The project, located in Mumbai’s Girgaon area, includes a high-rise development spanning 2,00,000 sq. ft., boosting the company’s growth and strengthening its market presence.

Also Read: Green energy stock with orderbook worth ₹50,000 Cr to keep an eye on

Share price movement of RDB Infra:

On March 10, 2025, RDB Realty & Infrastructure Ltd opened at ₹61.00, up 4.75% from its previous close of ₹58.23. The stock hit a high of ₹61.00 (3.83%) and a low of ₹58.80. By 9:55 AM, it traded at ₹59.00, a 1.32% increase, with a market cap of ₹1,016.26 crore.

RDB Infra Wins ₹42 Cr Contract:

RDB Infrastructure and Power Limited has secured a ₹42 crore construction contract from Vardhman Group Realbuild LLP. The project, located in Mumbai’s Girgaon area, involves a high-rise development spanning approximately 2,00,000 sq. ft.

The contract, signed on March 7, 2025, includes constructing a basement, podiums, and 33 upper floors with advanced amenities. The company is required to furnish a ₹1 crore security deposit, with 5% retention per bill. The project is set for completion in 24 months.

Following the announcement, the stock hit a 5% upper circuit, reflecting investor confidence. The deal marks a significant milestone for RDB Infrastructure, further strengthening its position in Mumbai’s real estate market. The project will boost the company’s revenue and growth prospects.

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

RDB Infrastructure and Power Limited has delivered impressive returns, gaining 3.83% in a week, 48.3% in six months, and a remarkable 293% over the past year, reflecting strong growth, investor confidence, and robust market performance in the real estate sector.

Also Read: Ashish Kacholia stocks trading at discount of more than 25% to keep an eye on

Shareholding pattern of RDB Infra:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	70.40%	70.40%	70.40%
FII	0%	0%	0%
DII	0%	0%	0%
Public	29.60%	29.60%	29.60%

About RDB Infra:

RDB Infrastructure and Power Ltd (BSE: 533285), established in 1981, is a real estate developer with a strong presence across major Indian cities. A CREDAI Bengal member, it holds ISO 9001:2008 certification, ensuring quality in construction and development projects.

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.