Meanwhile, the S&P BSE Sensex was up 271.12 points, or 1.38%, to 19,975.45.
On BSE, 1.41 lakh shares were traded in the counter as against an average daily volume of 3.31 lakh shares in the past one quarter.
The stock hit a high of Rs 124.75 and a low of Rs 120.60 so far during the day. The stock had hit a 52-week high of Rs 161.40 on 4 October 2012. The stock had hit a 52-week low of Rs 104.20 on 15 February 2013.
The stock had underperformed the market over the past one month till 24 May 2013, rising 2.50% compared with the Sensex's 2.74% rise. The scrip had, however, outperformed the market in past one quarter, rising 2.37% as against Sensex's 2.01% rise.
The mid-cap company has an equity capital of Rs 332.36 crore. Face value per share is Rs 10.
IRB Infrastructure Developers announced during trading hours today, 27 May 2013, that in terms of the subscription agreement and a put option agreement dated 30 January 2009, Deutsche Bank AG sold equity holding of 10% in IRB Surat Dahisar Tollway to the company for Rs. 67.05 crore. Accordingly, IRB Surat Dahisar Tollway has become a wholly-owned subsidiary of IRB Infrastructure Developers.
IRB Infrastructure Developers' consolidated net profit rose 25.6% to Rs 151.14 crore on 11.4% growth in net sales to Rs 948.27 crore in Q4 March 2013 over Q4 March 2012.
IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.
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