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IRB Infrastructure Developers is currently trading at Rs. 201.85, up by 16.15 points or 8.70% from its previous closing of Rs. 185.70 on the BSE.

The scrip opened at Rs. 189.90 and has touched a high and low of Rs. 209.90 and Rs. 189.90 respectively. So far 230167 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. 148.05 on 11-Aug-2021.

Last one week high and low of the scrip stood at Rs. 209.90 and Rs. 179.05 respectively. The current market cap of the company is Rs. 12304.46 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 has received Rs 308 crore towards part payment i.e., 75% of the total Arbitration Award from the National Highway Authority of India (NHAI). Earlier, pursuant to the measures approved by the Cabinet Committee on Economic Affairs (CCEA) for revival of construction sector, it had directed the Government Agencies to pay 75% of Arbitral Award amount against the Bank Guarantee where Government Agencies have challenged the Arbitral Award.

To re-iterate, in July 2021, the IRB Pathankot Amritsar Toll Road (IPTRL) had won the arbitration award of 518 days extension in Concession period and Rs 419 crore (including Interest) towards the delay in completion of the construction of the project on account of the reasons not attributable to the company. The NHAI had challenged the decision before Delhi High Court. The Hon’ble Delhi High Court, while upholding the Arbitral Tribunal’s decision, had directed the NHAI to release 75% of the arbitration award to the company. IRB Pathankot Amritsar Toll Road (IRPRL) is a special purpose vehicle (SPV) of IRB Infrastructure Developers.

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