1184% return in 2 years: Infra inventory beneficial properties in risky after This fall outcomes
The inventory has given a multibagger return of 1184 per cent in two years and 223 per cent in a single 12 months. However, it has corrected 4.56 per cent to this point this 12 months.
Shares of a small-cap infra firm RDB Infrastructure and Power traded in inexperienced as we speak even because the frontline indices traded within the vary. The motion within the inventory comes as the corporate has introduced its monetary outcomes for the March quarter. The inventory opened within the crimson at Rs 48.70 on the BSE towards the earlier shut of Rs 49.69. However, it rebounded to the touch the intraday excessive of Rs 50.80. It ended the session at Rs 50.47, with a acquire of 1.57 per cent from the earlier shut.
Quarterly Results
The firm has reported a internet revenue after tax (PAT) from persevering with operations at Rs 1.15 crore within the quarter into account. It had reported a lack of Rs 0.087 crore within the corresponding quarter final 12 months.
However, in comparison with Rs 1.73 crore revenue reported by the small-cap firm within the October-December 2024 interval, the revenue was decrease on a quarter-on-quarter foundation.
The firm’s revenues from operations within the March quarter are at Rs 20.34 crore, decrease than Rs 36.50 crore posted in Q4FY24. On a sequential foundation, too, the income from operations noticed a decline as towards Rs 24.18 crore reported within the earlier quarter (Q3FY25).
Share Price History
The inventory has given a multibagger return of 1184 per cent in two years and 223 per cent in a single 12 months. However, it has corrected 4.56 per cent to this point this 12 months.
Non-Agricultural Leasehold Land
Earlier, the corporate mentioned in a submitting that it has bought a non-agricultural leasehold land in Surat to Samprati Buildcon Private for a lumpsum consideration of Rs 60,00,00,000.
“The approved slump sale pertains to the sale of the Company’s non-agricultural leasehold land, admeasuring 10667.52 sq. mtrs, carved out from Final Plot No. 98, of Town Planning Scheme No.7 (Anjana), situated within the limits of Surat Municipal Corporation, Taluka Surat City, District Surat,” the submitting mentioned.
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