IRB Infrastructure Developers is currently trading at Rs. 78.55, up by 0.65 points or 0.83 % from its previous closing of Rs. 77.90 on the BSE.
The scrip opened at Rs. 78.00 and has touched a high and low of Rs. 79.40 and Rs. 77.25 respectively. So far 333852 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 136.00 on 20-May-2013 and a 52 week low of Rs. 51.90 on 02-Aug-2013.
Last one week high and low of the scrip stood at Rs. 80.80 and Rs. 75.10 respectively. The current market cap of the company is Rs. 2597.43 crore.
The promoters holding in the company stood at 62.25 % while Institutions and Non-Institutions held 27.03 % and 10.72 % respectively.
IRB Infrastructure Developers has temporarily halted toll collection activity on the IRDP Kolhapur BOT Project after Bombay High passed an interim order in response to Public Interest Litigations (PIL) filed by some Kolhapur residents and Toll Virodhi Kriti Samiti.
The detailed order of the High Court is awaited. The company will proceed in this matter after consultation with our Legal Counsels. The company had executed obligation as per the tender conditions and Concession agreement for the Project. The Company will re-commence toll collection in near future.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
