IRB Infrastructure Developers is currently trading at Rs. 232.90, up by 0.95 points or 0.41% from its previous closing of Rs. 231.95 on the BSE.
The scrip opened at Rs. 233.00 and has touched a high and low of Rs. 234.25 and Rs. 230.90 respectively. So far 112872 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 266.25 on 23-Sep-2016 and a 52 week low of Rs. 177.50 on 23-Nov-2016.
Last one week high and low of the scrip stood at Rs. 239.00 and Rs. 226.20 respectively. The current market cap of the company is Rs. 8192.30 crore.
The promoters holding in the company stood at 57.37%, while Institutions and Non-Institutions held 35.79% and 6.84% respectively.
IRB Infrastructure Developers’ wholly-owned subsidiary - Kishangarh Gulabpura Tollway has executed concession agreement with NHAI for the project of Six laning of Kishangarh to Gulabpura section of NH-79A and NH-79 in the State of Rajasthan (Length 90.000km) on DBFOT (Toll) under NLIDP Phase-V Package-1 (the Project).
The project is on DBFOT pattern. The estimated project cost of the company is approximately Rs 1530 crore and the concession period is 20 years including construction period of 910 days. The company has offered premium of Rs 186.30 crore to NHAI and the premium payment will commence after three years from the Appointed Date in terms of the Concession Agreement.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.