IRB Infrastructure Developers trades higher as its gross toll collection stands at Rs 343.51 crore in May

IRB Infrastructure Developers is currently trading at Rs. 214.25, up by 2.90 points or 1.37% from its previous closing of Rs. 211.35 on the BSE.

IRB Infrastructure Developers
IRB Infrastructure Developers

The scrip opened at Rs. 210.95 and has touched a high and low of Rs. 217.40 and Rs. 210.30 respectively. So far 38330 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. 133.20 on 14-Jun-2021.

Last one week high and low of the scrip stood at Rs. 228.40 and Rs. 207.65 respectively. The current market cap of the company is Rs. 12887.23 crore.

The promoters holding in the company stood at 34.02%, while Institutions and Non-Institutions held 54.93% and 11.05% respectively.

IRB Infrastructure Developers’ gross toll collection in May 2022 stood at Rs 343.51 crore as compared to Rs 163.32 crore in May 2021 i.e. reported over 2- fold jump.

Toll collection was suspended on account of Farmers Agitation in May 2021. Gross toll collection in the month of April 2022 stood at Rs 327.04 crore.

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

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