IRB Infrastructure Developers gains on logging 27% rise in gross toll collection in February 2023

IRB Infrastructure Developers is currently trading at Rs. 29.51, up by 0.03 points or 0.10% from its previous closing of Rs. 29.48 on the BSE.

IRB Infrastructure Developers
IRB Infrastructure Developers

The scrip opened at Rs. 29.45 and has touched a high and low of Rs. 30.00 and Rs. 29.17 respectively. So far 1235076 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 35.00 on 22-Feb-2023 and a 52 week low of Rs. 17.91 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 30.87 and Rs. 29.17 respectively. The current market cap of the company is Rs. 17857.32 crore.

The promoters holding in the company stood at 34.20%, while Institutions and Non-Institutions held 55.31% and 10.49% respectively.

IRB Infrastructure Developers’ gross toll collection in February 2023 stood at Rs 351.75 crore as compared to Rs 277.47 crore in February 2022 i.e. up by 26.77%. However, on month on month basis, the company has reported 6.15% fall in February 2023 over January 2023 when collection was Rs 374.82 crore.

Under IRB Infrastructure Developers, in the month of February 2023, IRB MP Expressway collected Rs 114.68 crore toll, IRB Ahmedabad Vadodara Super Express Tollway collected Rs 55.08 crore toll in the same month, CG Tollway received Rs 29.55 crore toll, Udaipur Tollway collected Rs 21.82 crore toll, Palsit Dankuni Tollway collected Rs 16.64 crore toll, AE Tollway received toll of Rs 18.44 crore, toll of Rs 21.86 crore collected by Yedeshi Aurangabad Tollway, toll of Rs 20.65 crore collected by IRB Hapur Moradabad Tollway, Kaithal Tollway collected Rs 12.03 crore toll, Kishangarh Gulabpura Tollway collected toll of Rs 19.99 crore, IRB Westcoast Tollway collected Rs 9.95 crore toll and Solapur Yedeshi Tollway collected toll of Rs 11.06 crore.