07-10-2023 10:56 AM | Source: Accord Fintech
IRB Infrastructure Developers gains on logging 16% rise in gross toll collection in June 2023
News By Tags | #309 #1494 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

IRB Infrastructure Developers is currently trading at Rs. 26.79, up by 0.41 points or 1.55% from its previous closing of Rs. 26.38 on the BSE.

The scrip opened at Rs. 26.71 and has touched a high and low of Rs. 27.10 and Rs. 26.65 respectively. So far 225006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.00 on 22-Feb-2023 and a 52 week low of Rs. 19.82 on 28-Sep-2022.

Last one week high and low of the scrip stood at Rs. 27.38 and Rs. 26.13 respectively. The current market cap of the company is Rs. 16196.60 crore.

The promoters holding in the company stood at 34.20%, while Institutions and Non-Institutions held 55.53% and 10.28% respectively.

IRB Infrastructure Developers’ gross toll collection in June 2023 stood at Rs 383.35 crore as compared to Rs 329.12 crore in June 2022 i.e. up by 16%. 

Under IRB Infrastructure Developers, in the month of June 2023, IRB MP Expressway collected Rs 137.64 crore toll, IRB Ahmedabad Vadodara Super Express Tollway collected Rs 54.23 crore toll in the same month, CG Tollway received Rs 30.27 crore toll, Udaipur Tollway collected Rs 22.78 crore toll, Palsit Dankuni Tollway collected Rs 15.30 crore toll, AE Tollway received toll of Rs 19.56 crore, toll of Rs 23.58 crore collected by Yedeshi Aurangabad Tollway, toll of Rs 26.33 crore collected by IRB Hapur Moradabad Tollway, Kaithal Tollway collected Rs 11.80 crore toll, Kishangarh Gulabpura Tollway collected toll of Rs 19.92 crore, IRB Westcoast Tollway collected Rs 10.02 crore toll and Solapur Yedeshi Tollway collected toll of Rs 11.93 crore.

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