Solar Penny Stock-RDB Infrastructure and Power Ltd enters into an MOU with NRG Renewable Resources Pvt Ltd
DSIJ Intelligence-1 / 11 Nov 2025/ Categories: Multibaggers, Penny Stocks, Trending
The stock is up by 60 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of over 4,000 per cent in 5 years.
RDB Infrastructure and Power Limited has signed a Memorandum of Understanding (MOU) dated November 10, 2025, with NRG Renewable Resources Private Limited, a domestic entity, for a significant Engineering, Procurement, and Construction (EPC) contract. This agreement covers the execution of Solar Power Projects with a total capacity of 51 MW (AC) / 65 MW (DC) to be developed across six separate sites near Nagpur, Maharashtra. The total EPC Contract price for this project is valued at Rs 277 crore (Rupees Two Hundred Seventy-Seven Crores), with the commencement of work scheduled to begin within seven days from the date of the receipt of the advance payment.
Earlier, the company executed an Addendum (Nov 8, 2025) to its EPC MOU (Sept 22, 2025) with domestic entity Stargen Power for Solar Power Projects (52 MW AC/65 MW DC) near Nagpur, Maharashtra. The key change is the EPC Contract Price, which increased from Rs 225 crore to Rs 276 crore. Contract execution time is one year from the commissioning of all five sites, subject to extension.
About the Company
RDB Infrastructure and Power Limited (formerly 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.
According to Quarterly Results, the net sales increased by 120 per cent to Rs 67.56 crore and net profit increased by 186 per cent to Rs 2.72 crore in Q1FY26 compared to Q1FY25. In its annual results, the net sales increased by 60 per cent to Rs 107.71 crore and net profit increased by 105 per cent to Rs 5.54 crore in FY25 compared to FY24.
The stock’s 52-week high is Rs 62.68 per share and its 52-week low is Rs 35 per share. The company has a market cap of over Rs 1,000 crore, with promoters holding 68.64 per cent stake, FIIs holding 2.22 per cent and the pubic owning 29.14 per cent stake. The stock is up by 60 per cent from its 52-week low of Rs 35 per share and has given multibagger returns of over 4,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.