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IRB Infrastructure Developers trades in green on the BSE

22 Jul 2013

IRB Infrastructure Developers is currently trading at Rs. 94.35, up by 0.55 points or 0.59% from its previous closing of Rs. 93.80 on the BSE.

The scrip opened at Rs. 93.90 and has touched a high and low of Rs. 94.60 and Rs. 92.55 respectively. So far 64044 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 161.40 on 04-Oct-2012 and a 52 week low of Rs. 86.10 on 25-Jun-2013.

Last one week high and low of the scrip stood at Rs. 105.90 and Rs. 89.15 respectively. The current market cap of the company is Rs. 3105.94 crore.

The promoters holding in the company stood at 62.97% while Institutions and Non-Institutions held 26.55% and 10.49% respectively.

Credit rating agency, CARE has assigned ‘A’ rating to IRB Infrastructure Developers’ Long-term-Proposed Secured Non Convertible Debenture worth Rs 100 crore.

The company has received the said rating on back of its experienced promoters in the Built, Operate and Transfer (BOT) road projects, in-house project execution capability resulting in healthy profitability margin, demonstrated financial flexibility and availability of liquid investment.

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


Related IRB Infrastructure Developers Ltd. Links:

IRB Infra.&Developer Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323