IRB Infrastructure Developers is currently trading at Rs. 118.95, up by 0.30 points or 0.25% from its previous closing of Rs. 118.65 on the BSE.
The scrip opened at Rs. 119.45 and has touched a high and low of Rs. 121.70 and Rs. 118.70 respectively. So far 49519 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 128.45 on 09-Jul-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. 127.00 and Rs. 109.65 respectively. The current market cap of the company is Rs. 4192.80 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 has raised Rs 200 crore through Secured, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) and allotted 9.55% Secured, Redeemable, Listed, Rated Non-Convertible Debentures of face value of Rs 10 lakh each, for cash at par, on a private placement basis to an eligible investor.
The Board of Directors of the company at their meeting held on July 17, 2020 has approved and allotted the same.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.