IRB Infrastructure Developers is currently trading at Rs 261.50, up by 16.65 points or 6.80% from its previous closing of Rs. 244.85 on the BSE.
The scrip opened at Rs. 269.00 and has touched a high and low of Rs. 269.30 and Rs. 258.50 respectively. So far 309828 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 275.50 on 03-Feb-2015 and a 52 week low of Rs. 197.20 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 269.30 and Rs. 239.50 respectively. The current market cap of the company is Rs. 9239.62 crore.
The promoters holding in the company stood at 57.79% while Institutions and Non-Institutions held 35.93% and 6.28% respectively.
IRB Infrastructure Developers has received Rs 10,050 crore road project in Jammu and Kashmir. The project involves construction of a tunnel spanning a length of 14.08 kilometers. The company will receive semi-annual annuity of Rs 981 crore after the completion of construction of the project.
The concession period of the project is 22 years including construction period of 7 years and the company will receive semi-annual annuity of Rs 981 crore from the Ministry of Road Transport & Highways after completion of construction of the project.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
Company Name | CMP |
---|---|
Larsen & Toubro | 3636.15 |
Rail Vikas Nigam | 288.80 |
KEC International | 731.30 |
Kalpataru Projects | 1170.00 |
NCC | 246.10 |
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