IRB Infrastructure Developers is currently trading at Rs. 225.65, up by 2.45 points or 1.10% from its previous closing of Rs. 223.20 on the BSE.
The scrip opened at Rs. 220.60 and has touched a high and low of Rs. 230.00 and Rs. 219.30 respectively. So far 127566 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 346.95 on 25-Oct-2021 and a 52 week low of Rs. 100.70 on 12-Apr-2021.
Last one week high and low of the scrip stood at Rs. 230.00 and Rs. 218.05 respectively. The current market cap of the company is Rs. 13596.81 crore.
The promoters holding in the company stood at 58.46%, while Institutions and Non-Institutions held 26.35% and 15.18% respectively.
IRB Infrastructure Developers’ wholly-owned subsidiary — Meerut Budaun Expressway has executed Concession agreement with Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) for the project of development of Access Controlled Six Lane (Expandable to Eight Lane) Greenfield ‘Ganga Expressway’ (Group -I, from Km 7+900 (Village: Bijoli, Distt: Meerut) to Km 137+600, (Village: Nagla Barah, Distt: Budaun), Design length 129.700 Km] in the State of Uttar Pradesh on DBFOT (Toll) basis under PPP. The project cost is Rs 6,555 crore.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.