Small-cap stock under ₹50 RDB Infrastructure hits upper circuit after this order update

The Indian power sector, particularly renewable energy, is witnessing strong investor interest and broad buying, as indicated by the recent rise in the BSE Power Index. This project aligns with the government's focus on green energy.

Consider long positions in companies with clear project pipelines in the renewable energy sector, maintaining strict stop-losses due to potential volatility.

For Indian markets, this story mainly matters for RDBINFR and the Renewable Energy, Infrastructure pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Secured a significant solar cell manufacturing project, leading to a 5% surge and hitting the upper circuit. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •RDB Infrastructure share price surged 5% after announcing a solar cell manufacturing project.
• •The project is in partnership with Samvik Power.
• •The allocation includes 36.46 acres on a 90-year lease.
• •The premium for the lease is ₹36,89,77,192.
• •Contract signing is required within 90 days.