IRB Infrastructure Developers rises as its SPV gets Provisional Certificate for highway project in Gujarat

IRB Infrastructure Developers Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532947 | NSE: IRB

05 Apr 2022 Evaluate

IRB Infrastructure Developers is currently trading at Rs. 266.00, up by 1.70 points or 0.64% from its previous closing of Rs. 264.30 on the BSE.

The scrip opened at Rs. 270.30 and has touched a high and low of Rs. 270.30 and Rs. 262.30 respectively. So far 58057 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 346.95 on 25-Oct-2021 and a 52 week low of Rs. 100.70 on 12-Apr-2021.

Last one week high and low of the scrip stood at Rs. 267.00 and Rs. 240.25 respectively. The current market cap of the company is Rs. 15945.98 crore.

The promoters holding in the company stood at 34.02%, while Institutions and Non-Institutions held 53.85% and 12.12% respectively.

IRB Infrastructure Developers’ special purpose vehicle (SPV) -- VKl Expressway has been issued a Provisional Certificate by the Competent Authority upon substantial completion of the Works in 22.585 km out of 23.740 km of the Project 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) Highway. Consequently, the SPV is eligible for receipt of Bi-annually Annuity payments from NHAI for the operation period of 15 years.

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

IRB Infra.&Developer Share Price

21.59 -0.10 (-0.46%)

05-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4056.15
Rail Vikas Nigam	300.40
NCC	167.30
KEC International	570.00
Kalpataru Projects	1261.65
View more..

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