IRB Infrastructure Developers is currently trading at Rs 260.10, up by 2.15 points or 0.83% from its previous closing of Rs 257.95 on the BSE.
The scrip opened at Rs. 258.00 and has touched a high and low of Rs. 261.75 and Rs. 257.00 respectively. So far 94173 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 272.20 on 20-Oct-2015 and a 52 week low of Rs. 197.00 on 24-Jun-2016.
Last one week high and low of the scrip stood at Rs. 266.25 and Rs. 247.50 respectively. The current market cap of the company is Rs. 9155.27 crore.
The promoters holding in the company stood at 57.43%, while Institutions and Non-Institutions held 36.29% and 6.28% respectively.
IRB Infrastructure Developers has received Letter of Award (LoA) from National Highways Authority of India (NHAI) for the project of Six Laning from Udaipur to Rajasthan/ Gujarat Border i.e. from km 287.400 to km 401.200 section of NH-8 in the states of Rajasthan & Gujarat (approx. length 113.800 km) on DBFOT (Toll) under NHDP Phase V (package-V).
The estimated project cost of the company is approximately Rs 2100 crore. The concession period of the project is 21 years including construction period of 910 days. The company has offered premium of Rs 163.80 crore to NHAI in terms of the concession agreement.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4050.00 |
| Rail Vikas Nigam | 296.30 |
| NCC | 160.45 |
| KEC International | 559.60 |
| Kalpataru Projects | 1240.45 |
| View more.. | |
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