IRB Infrastructure Developers is currently trading at Rs. 73.30, up by 3.55 points or 5.09% from its previous closing of Rs. 69.75 on the BSE.
The scrip opened at Rs. 73.25 and has touched a high and low of Rs. 74.90 and Rs. 73.00 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.70 on 21-Jan-2020 and a 52 week low of Rs. 46.00 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 74.90 and Rs. 63.00 respectively. The current market cap of the company is Rs. 2451.36 crore.
The promoters holding in the company stood at 57.69%, while Institutions and Non-Institutions held 28.99% and 13.32% respectively.
IRB Infrastructure Developers’ special purpose vehicle (SPV) -- IRB MP Expressway has successfully achieved Financial Closure for its first and India’s largest toll-operate-transfer (TOT) project 'Mumbai Pune Expressway'. As a commitment towards the fee obligations in Concession Agreement, the company has made the payment of first tranche of Rs 6,500 crore as upfront sub concession fee to the Maharashtra State Road Development Corporation.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
