06-09-2023 12:41 PM | Source: Accord Fintech
IRB Infrastructure Developers trades higher on logging 20% rise in gross toll collection in May 2023
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IRB Infrastructure Developers is currently trading at Rs. 28.58, up by 0.60 points or 2.14% from its previous closing of Rs. 27.98 on the BSE.

The scrip opened at Rs. 28.42 and has touched a high and low of Rs. 29.10 and Rs. 28.31 respectively. So far 1046425 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. 17.91 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 29.55 and Rs. 27.80 respectively. The current market cap of the company is Rs. 17247.38 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 May 2023 stood at Rs 411.15 crore as compared to Rs 343.51 crore in May 2022 i.e. up by 20%. 

Under IRB Infrastructure Developers, in the month of May 2023, IRB MP Expressway collected Rs 148.99 crore toll, IRB Ahmedabad Vadodara Super Express Tollway collected Rs 60.98 crore toll in the same month, CG Tollway received Rs 31.19 crore toll, Udaipur Tollway collected Rs 24.43 crore toll, Palsit Dankuni Tollway collected Rs 16.25 crore toll, AE Tollway received toll of Rs 20.18 crore, toll of Rs 24.76 crore collected by Yedeshi Aurangabad Tollway, toll of Rs 26.01 crore collected by IRB Hapur Moradabad Tollway, Kaithal Tollway collected Rs 12.03 crore toll, Kishangarh Gulabpura Tollway collected toll of Rs 20.66 crore, IRB Westcoast Tollway collected Rs 12.95 crore toll and Solapur Yedeshi Tollway collected toll of Rs 12.73 crore.

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