IRB Infrastructure Developers is currently trading at Rs. 27.47, up by 0.32 points or 1.18% from its previous closing of Rs. 27.15 on the BSE.
The scrip opened at Rs. 28.20 and has touched a high and low of Rs. 28.33 and Rs. 27.26 respectively. So far 1220773 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.00 on 22-Feb-2023 and a 52 week low of Rs. 17.91 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 28.33 and Rs. 25.39 respectively. The current market cap of the company is Rs. 16492.51 crore.
The promoters holding in the company stood at 34.20%, while Institutions and Non-Institutions held 55.53% and 10.28% respectively.
IRB Infrastructure Developers (IRB) has been awarded 158 Kms (1,264 Lane Kms) Hyderabad Outer Ring Road (ORR) project under Toll-Operate-Transfer (TOT) model with revenue linked Concession Period of 30 Years for upfront consideration of Rs 7,380 crore.
The Hyderabad Metropolitan Development Authority (HMDA) had invited global competitive bids for the project; in which the Company had participated and emerged as the selected bidder. After signing the concession agreement, the project SPV will be making the payment of Rs 7,380 crore within a span of 120 days.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4013.95 |
| Rail Vikas Nigam | 303.35 |
| NCC | 162.00 |
| KEC International | 575.55 |
| Kalpataru Projects | 1241.35 |
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