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IRB Infrastructure gains as arm enters into concession agreement with NHAI

09 Jun 2014 Evaluate

IRB Infrastructure Developers is currently trading at Rs. 215.10, up by 1.00 points or 0.47% from its previous closing of Rs. 214.10 on the BSE.

The scrip opened at Rs. 216.20 and has touched a high and low of Rs. 216.45 and Rs. 214.50 respectively. So far 22,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 218.00 on 26-May-2014 and a 52 week low of Rs. 51.90 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs. 216.45 and Rs. 197.35 respectively. The current market cap of the company is Rs. 7157.00 crore.

The promoters holding in the company stood at 61.71% while Institutions and Non-Institutions held 28.63% and 9.66% respectively.

Yedeshi Aurangabad Tollway, wholly-owned subsidiary of IRB Infrastructure Developers, has executed concession agreement with NHAI for the project of Four Laning of Yedeshi - Aurangabad section of NH-211 from km 100.000 to km 290.200 (Design Length 190 km) in the State of Maharashtra to be executed as BOT (Toll) on DBFOT Pattern under NHDP Phase - IV.

IRB Ahmedabad Vadodara Super Express Tollway as well as IRB Tumkur Chitradurga Tollway, wholly-owned subsidiaries of the Company, have executed with NHAI ‘supplementary agreement to concession agreement’ in respect of the Scheme of Deferment of Premium approved by NHAI. The Scheme will be applicable to both Projects from FY14-15 onwards.IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

21.43 -0.24 (-1.11%)
08-May-2026 16:59 View Price Chart
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