IRB Infrastructure rises as its gross toll collection stands at Rs 328.24 crore in September 2022

IRB Infrastructure Developers is currently trading at Rs. 216.25, up by 1.90 points or 0.89% from its previous closing of Rs. 214.35 on the BSE.

The scrip opened at Rs. 218.45 and has touched a high and low of Rs. 219.95 and Rs. 215.50 respectively. So far 25045 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. 179.05 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 221.95 and Rs. 208.10 respectively. The current market cap of the company is Rs. 13092.55 crore.

The promoters holding in the company stood at 34.20%, while Institutions and Non-Institutions held 55.15% and 10.64% respectively.

IRB Infrastructure Developers’ gross toll collection in September 2022 stood at Rs 328.24 crore as compared to Rs 240.29 crore in September 2021 i.e. up by 36.60%.

On month on month basis, the company has reported 2.31% fall in September 2022 over August 2022 when collection was Rs 335.99 crore.

Under IRB Infrastructure Developers in the month of September 2022, IRB MP Expressway collected Rs 107.83 crore toll, IRB Ahmedabad Vadodara Super Express Tollway collected Rs 48.81 crore toll in the same month, CG Tollway received Rs 28.81 crore toll, Udaipur Tollway collected Rs 19.92 crore toll, Palsit Dankuni Tollway collected Rs 16.35 crore toll, AE Tollway received toll of Rs 17.16 crore, toll of Rs 20.04 crore collected from Yedeshi Aurangabad Tollway, toll of Rs 19.09 crore collected from IRB Hapur Moradabad Tollway, Kaithal Tollway collected Rs 11.82 crore toll, Kishangarh Gulabpura Tollway collected toll of Rs 19.82 crore, IRB Westcoast Tollway collected Rs 8.85 crore toll and Solapur Yedeshi Tollway collected toll of Rs 9.74 crore. Meanwhile, toll collection was suspended at Kaithal Tollway on account of Farmers Agitation in September 2021.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.