Upcoming 10:1 Stock Split: 28th February Fixed As Record Date; Buy Realty Stock?

RDB Infrastructure and Power Limited (RDBIPL) has issued an announcement of a 10:1 stock split to enhance the liquidity of the company or the ease with which its shares can be bought and sold to investors. The corporation aims to divide an existing equity share with a face value of Rs 10 into 10 equity shares with a par value of Rs 1 each. The record date which has been assigned for this split is noted as Friday 28 February 2025.

The corporation was also recently awarded a contract with DVC to build new grid-connected solar rooftop PV systems. DVC is a large contractor and company involved in power generation and distribution. The company possesses a specialty in building engineering procurement and construction (EPC) models for such solar power-maintained facilities.

The scope of the work encompasses procurement of plant and equipment, key spare parts, and a full comprehensive five-year off and operation (O&M) contract. The project furthers the aim of clean energy for India and at the same time adds to the sustainability measures of DVC.

The second one is for Rs 42.75 lakh (inclusive of GST) that has been awarded for the off and operation maintenance of current grid-connected rooftop solar plants aggregating to about 10 MWp. RDB Infrastructure under this contract shall provide comprehensive maintenance service, including spare parts provision, repair, replacement, and insurance, which will enable operations continuity for the next five years.

RDB Infrastructure and Power Ltd. has seen record performance on the stock market with a 285% return in a year and 3,000% in five years. The company is valued at Rs 960 crore and has a market cap of 960 crore with 70.42 % of the shares owned by promoters and 29.58 % by the public. The multi-bagger profit boosts show confidence from investors and indicate consistent growth from the company.

Incorporated in 1981 as RDB Realty and Infrastructure Ltd, RDB Infrastructure and Power Ltd. is one of the key players in real estate and solar energy solutions in India.

The firm's primary focus has been residential and commercial development in metropolitan areas like Kolkata, Mumbai, and Hyderabad. The company operates all across India. Its headquarters is located in Kolkata. The firm immensely values quality, and innovation, and sustains while delivering urban-enhancing projects.

RDB Infrastructure aims to be a new leader in the fast-growing renewables sector by increasing its participation in the solar energy market. Recent victories with DVC contracts showcase the firm's growing capabilities in engineering, procurement, and construction management for solar power projects which further cements its place in the industry.
RDB's diversified portfolio includes all kinds of urban solutions from integrated townships, and high-rise apartments over shopping malls to office spaces. In an active pursuit to further expand its business, RDB plans next to tackle the 'renewable' boom through sustainable innovation.

As RDBIPL proceeds with its stock split and implements its new solar initiatives, the firm remains committed to providing maximum firm value while ensuring sustainable expansion and investment in green energy and real estate.

RDB Realty Share Price Target

"RDB Realty stock price is slightly bullish on the Daily charts with strong support at 526. A Daily close above resistance of 558 could lead to a target of 640 in the near term."