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IRB Infra rises on emerging as preferred bidder for Hapur - Moradabad project

22 Mar 2018 Evaluate

IRB Infrastructure Developers is currently trading at Rs. 218.90, up by 1.10 points or 0.51% from its previous closing of Rs. 217.80 on the BSE.

The scrip opened at Rs. 220.00 and has touched a high and low of Rs. 220.00 and Rs. 217.50 respectively. So far 8,926 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 272.40 on 03-May-2017 and a 52 week low of Rs. 193.80 on 13-Dec-2017.

Last one week high and low of the scrip stood at Rs. 222.95 and Rs. 215.20 respectively. The current market cap of the company is Rs. 7,693.00 crore.

The promoters holding in the company stood at 57.37%, while Institutions and Non-Institutions held 35.50% and 7.13% respectively.

IRB Infrastructure Developers has emerged as a preferred bidder for the project of six laning of Hapur bypass to Moradabad section including Hapur bypass from Km 50.000 (Design Ch. Km 50.000) to Km 148.277 (Design Ch. Km 149.867) of NH 24 (New NH-9) in the state of Uttar Pradesh on DBFOT basis under NHDP Phase V Project.

The project is on DBFOT Pattern and the length of the project is approximately 99.867 Km. The concession period of the project is 22 years including construction period of 910 days. Total cost of the Project is approximately Rs 3,400 crore. The company will get tolling rights on the Project from the Appointed Date. The company has offered premium of Rs 31.5 crore to NHAI to be payable from 4th year from the appointed date in terms of the Concession Agreement. Upon award of this Project, the company’s construction order book stands at approximately Rs 15,300 crore.

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
Peers
Company Name CMP
Larsen & Toubro 3973.60
Rail Vikas Nigam 305.00
NCC 169.85
KEC International 598.10
Kalpataru Projects 1274.45
View more..

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