Multibagger small-cap inventory: RDB Infrastructure and Energy (beforehand generally known as RDB Realty & Infrastructure) introduced on Saturday, March 8, that the corporate has acquired a multi-crore work contract from Vardhman Group Realbuild LLP to construct a Mumbai property, as per a BSE submitting.
The corporate additionally disclosed that the contract quantity shall be ₹42 crore, excluding items and repair tax (GST) or some other taxes, together with a safety deposit of ₹1 crore. The order can even have a retention of 5 per cent per invoice.
“We want to inform you that the corporate has acquired the work contract from M/s Vardhman Group Realbuild LLP and entered into Contract Settlement dated 07th March, 2025 for development on the property bearing CS No. 1282, Sandhurst Highway West, Girgaon in “D” Ward, Village Mumbai Metropolis, Taluka Mumbai Metropolis, Mumbai- 400004, Maharashtra, India,” in line with the trade submitting.
The submitting additionally highlighted that the order is ready to be executed inside 24 months or 2 years from March 7, 2025, until there may be some other mutual settlement from each events.
Earlier this week, the corporate additionally introduced the sale of its non-agricultural land value ₹60 crore situated throughout the limits of Surat Municipal Company, Taluka Surat Metropolis, Mint reported earlier, citing an trade submitting.
RDB Infrastructure and Energy Share Value
RDB Infrastructure and Energy shares closed 1.80 per cent larger at ₹58.23 after Friday’s inventory market session, in comparison with ₹57.20 on the earlier market shut. The corporate introduced the order e book replace on Saturday, March 8.
The multibagger inventory has given inventory market traders 2,800 per cent returns within the final 5 years and greater than 290 per cent returns within the final one-year interval.
The inventory is buying and selling virtually 10 per cent larger on a year-to-date (YTD) foundation in 2025. RDB Infrastructure and Energy shares hit their 52-week excessive degree at ₹61.27 on December 10, 2024, whereas the 52-week low degree was at ₹11.59 on March 28, 2024. The inventory is buying and selling under its one-year excessive ranges.
Disclaimer: This story is for instructional functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise traders to examine with licensed specialists earlier than making any funding choices.
