Solar Penny Stock-RDB Infrastructure and Power Ltd Enters Into an MOU with Stargen Power Pvt Ltd
DSIJ Intelligence-1 / 10 Nov 2025/ Categories: Multibaggers, Penny Stocks, Trending
The stock is up by 56 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 announced that it has executed an Addendum to its Memorandum of Understanding (MOU) with Stargen Power Private Limited, a domestic entity. This Addendum, dated November 8, 2025, modifies the terms of the original agreement from September 22, 2025, relating to a domestic EPC contract for the development of Solar Power Projects. The scope involves the execution of 52 MW (AC)/ 65 MW (DC) capacity, which is set to be developed across five different sites located near Nagpur, Maharashtra.
The most significant change outlined in the Addendum concerns the contract’s financial terms. The total EPC Contract Price has been substantially revised and increased from Rs 225 crore to Rs 276 crore (Rupees Two Hundred Seventy-Six Crores). The terms specify that the time period for the execution of this contract is one year, commencing from the commissioning of all five sites, with provisions for further extension subject to mutual agreement between RDB Infrastructure and Stargen Power.
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 56 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.