Small-cap stock under ₹50 jumps 5% after this MoU for 52 MW solar power project

Small-cap stock under 50: RDB Infrastructure And Power shares rose nearly 5% after signing an MoU with Stargen Power for a 225 crore solar project near Nagpur. The project, with a capacity of 52 MW (AC)/65 MW (DC), is to be completed within a year.

Dhanya Nagasundaram
Published23 Sep 2025, 10:25 AM IST
Small-cap stock under  <span class='webrupee'>₹</span>50 jumps 5% after this MoU for 52 MW solar power project
Small-cap stock under ₹50 jumps 5% after this MoU for 52 MW solar power project

RDB Infrastructure And Power shares surged by almost 5% following the company's signing of a memorandum of understanding (MoU) with Stargen Power to implement a solar power project valued at 225 crore across five locations near Nagpur, Maharashtra.

The company stated that the duration for executing the order is one year from the commissioning of all locations, with any additional extensions to be mutually agreed upon by both parties.

“the company has entered into a Memorandum of Understanding dated 22nd September, 2025 with Stargen Power Private Limited for execution of Solar Power Projects of 52 MW (AC)/ 65 MW (DC),” said the firm in an exchange filing.

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The projects are planned to be finished within a year from the start of all sites, with extensions possible if both parties agree.

In terms of finances, RDB Infrastructure experienced a significant increase in its financial performance for Q1FY26. Revenue from operations surged to 67.55 crore, rising from 30.7 crore in Q1FY25. The company’s profit for the quarter increased to 2.72 crore, up from 0.94 crore during the same period last year. Furthermore, total expenses increased to 65.53 crore compared to 29.52 crore a year earlier.

RDB Realty & Infrastructure Limited (RDB Infra), the real estate arm of the Indian RDB Group, was founded in 1981. The firm is known for its extensive portfolio of real estate and infrastructure projects, which includes residential, commercial, and township developments throughout India, and it also has a varied presence in industries such as power, logistics, and packaging.

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RDB Infrastructure And Power shares today

RDB Infrastructure And Power shares today opened at 48 apiece on the BSE, the stock touched an intraday high of 48.47 apiece and an intraday low of 47.13 per share.

According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, RDB Infrastructure And Power share prices have seen vertical move from the start of the september months from the levels of 35 to current 48 levels. On the daily chart we are seeing a bullish flag breakout and prices may extend this move towards the 200sma around 52, on flip side 43 is seen as support considering an higher bottom low.

Also Read | Small cap stock hits 5% upper circuit on ₹265 crore order win

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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