IRB Infra is the biggest non-public toll roads and highways infrastructure developer in India
IRB Infrastructure Developers shares soared over 5 per cent in a weak market as the corporateĀ bagged two freeway initiatives, one every in West Bengal and Himachal Pradesh. At 2.00 pm, the shares of the infra firm have been buying and selling at Rs 109.05, greater by 5.5 per cent, on the BSE.
“IRB Infra received Letter of Awards from the National Highways Authority of India (NHAI) for a BOT project in West Bengal and a Hybrid Annuity Model (HAM) project in Himachal Pradesh,” IRB Infra stated in a regulatory submitting to the inventory exchanges. The West Bengal challenge is value Rs 2,421 crore and the Himachal Pradesh one quantities to Rs 828 crore. Both these initiatives have taken the corporate’s whole challenge orders to over Rs 5,000 crore in FY21.
IRB Infra is the biggest non-public toll roads and highways infrastructure developer in India.
The Sensex was buying and selling at 49,643.80, decrease by 486.95 factors or 0.96 per cent and the NSE Nifty was at 14,732.70, down 116.60 factors or 0.71 per cent on the time.
