Shares of RDB Infrastructure and Power witnessed a significant surge during Tuesday's trading session, defying the broader market downturn with an impressive 4% gain. The rally came following the company's announcement of a major solar power project agreement that has excited investors.
Major Solar Power Contract Secured
The infrastructure development company revealed it has entered into a substantial Memorandum of Understanding with NRG Renewable Resources Private Limited on November 10, 2025. The agreement covers the execution of solar power projects with a total capacity of 51 MW (AC) and 65 MW (DC) to be developed across six different sites located near Nagpur, Maharashtra.
The total engineering, procurement, and construction (EPC) contract value stands at ₹277 crore, representing a significant business opportunity for the small-cap company. According to the regulatory filing submitted on November 10, the execution of work orders will commence within seven days from the date of receiving the advance payment.
Revised Agreement with Stargen Power
In addition to the new contract, RDB Infrastructure also modified an existing agreement with Stargen Power Private Limited. The company entered into an Addendum to Memorandum of Understanding dated November 8, 2025, which revised the terms of their original MOU from September 22, 2025.
The revised agreement covers solar power projects of 52 MW (AC) and 65 MW (DC) capacity across five sites near Nagpur, Maharashtra. More importantly, the total EPC contract price was increased from ₹225 crore to ₹276 crore through this addendum, providing additional revenue potential for the company.
The execution timeline for these contracts is set at one year from the commissioning of all sites, with provisions for mutual extension if required by both parties involved.
Stock Performance Defies Market Trend
While the broader Indian stock market experienced selling pressure with both the BSE Sensex and NSE Nifty 50 trading more than 0.3% lower each, RDB Infrastructure shares stood out with remarkable performance. The small-cap stock gained as much as 4.03% to reach ₹56.00 per share on the BSE during Tuesday's trading session.
The company's stock has demonstrated strong momentum across multiple timeframes:RDB Infrastructure share price has delivered multibagger returns of more than 4,000% over the past five years, making it one of the standout performers in the infrastructure sector.
By 11:20 AM, the stock was still trading in positive territory at ₹54.00 per share, up 0.32% despite the overall market weakness. This performance highlights investor confidence in the company's growing renewable energy portfolio and execution capabilities.
