IRB Infrastructure Developers is currently trading at Rs. 260.75, up by 1.25 points or 0.48% from its previous closing of Rs. 259.50 on the BSE.
The scrip opened at Rs. 259.10 and has touched a high and low of Rs. 262.35 and Rs. 255.75 respectively. So far 103200 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 286.00 on 30-Apr-2018 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. 273.50 and Rs. 255.75 respectively. The current market cap of the company is Rs. 9102.56 crore.
The promoters holding in the company stood at 57.37%, while Institutions and Non-Institutions held 35.91% and 6.72% respectively.
IRB Infrastructure Developers’ wholly-owned subsidiary - VK1 Expressway has executed concession agreement with National Highways Authority of India (NHAI) for the construction of eight lane Vadodara Kim Expressway from Km 355.00 to Km 378.740 (Padra to Vadodara Section of Vadodara Mumbai Expressway) in the State of Gujarat under NHDP Phase- VI on Hybrid Annuity Mode (Phase IA- package I). The construction period is 730 days and the operational period is for 15 years.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
