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IRB Infra jumps on emerging as preferred bidder for project in Gujarat

29 Jul 2020 Evaluate
IRB Infrastructure Developers is currently trading at Rs. 125.35, up by 3.40 points or 2.79% from its previous closing of Rs. 121.95 on the BSE.

The scrip opened at Rs. 120.00 and has touched a high and low of Rs. 127.90 and Rs. 119.40 respectively. So far 276586 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. 127.90 and Rs. 112.05 respectively. The current market cap of the company is Rs. 4377.31 crore.

The promoters holding in the company stood at 57.74%, while Institutions and Non-Institutions held 25.55% and 16.71% respectively.

IRB Infrastructure Developers (IRB) has emerged as a preferred bidder for construction of eight lanes of Vadodara - Mumbai Expressway in Gujarat, on the Gandeva - Ena stretch having length 27.500 Kms with the project cost of Rs 1,755 crore. The subject project (Package-VII) is part of India’s ambitious ‘Bharatmala Pariyojana’ of the NHAI under Phase-I.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

21.84 -0.16 (-0.73%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4075.75
Rail Vikas Nigam 298.75
NCC 160.00
KEC International 584.40
Kalpataru Projects 1248.95
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