Page 3 - Irb Infrastructure Developers

LIC raises its stake in IRB Infra Developers to 5.27% in September quarter

IRB Infra is the largest highway developer in the private sector with an asset base of Rs 45,000 crore and two InvITs

Road developers take conciliation route for claims amid liquidity crunch

Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation

IRB Infra Developers advances 4% post Q1 results; here's what analysts say

Credible track record of over two decades helped us raise sufficient liquidity even during these difficult times, says Virendra D Mhaiskar, Chairman and Managing Director of IRB Infra

IRB Infrastructure posts consolidated net loss of Rs 30.13 cr in Q1

Highways developer IRB Infrastructure Developers Ltd (IRB) on Monday reported a consolidated net loss of Rs 30.13 crore for the quarter ended June 30, 2020 amid the COVID-19 pandemic.

BSE Industrial index gains over 1%; IRB Infra zooms 17%, hits 52-week high

Other stocks that were buzzing in the trade were Texmaco Rail (up 11 per cent), Capacite Infraprojects (up around 10 per cent), and Adani Enterprises (up over 8 per cent).

IRB Infra to develop Vadodara-Mumbai Expressway stretch at Rs 1,755 cr

The project is a greenfield project and the concession comprises 730 days for construction and 15 years operations and maintenance rights thereafter

IRB Infra Developers hits 52-week high; stock zooms 84% in one month

The company said it is well poised and geared up to win a large number of BOT projects in the upcoming bids, which will ensure a steady growth in execution as well as Toll revenues in the long term

IRB infra raises Rs 150 crore via NCDs on private placement basis

Dilip Buildcon, in a separate filing, said it has raised Rs 200 crore via NCDs

IRB Infra announces receipt of first tranche of Rs 3,753 cr from GIC

The remaining about Rs 650 crore, the company said will be invested in the progress of construction of the under-construction projects

Budget 2020: Rs 103 trillion infrastructure projects launched under NIP

Presenting the Union Budget in Parliament, Sitharaman said Rs 1.7 trillion has been provided for transport infrastructure in 2020-21

IRB Infra gains 9% in two days after rating upgrade

The stock moved higher by 5.5% to Rs 154 on Tuesday, extending its Monday's 3.3% gain on BSE, after the rating agency Ind- Ra revised the company's outlook to positive from stable.

IRB Infra Q4FY18 net rises 16% to Rs 2.4 bn on robust revenue build-up

IRB Infra successfully launched and listed India's first ever InvIT IPO on 18th May 2017 that raised Rs 50.35 billion

IRB Infra hits over 7-year high; stock surges 10%

The stock rallied 10% to Rs 281, its highest level since August 24, 2010, on the BSE on back of heavy volumes

IRB Infra gets Rs 34-bn UP road project from NHAI

The scope of the work includes six laning of the 99.86 km stretch on Hapur Bypass, from Hapur to Moradabad in Uttar Pradesh

IRB Infrastructure hits 11-month low; stock dips 7%

The stock dipped 7% to Rs 195 on the BSE in intra-day deal, trading at its lowest level since December 30, 2016.

IRB Infra hits 52-week low post Q2 results

The stock dipped 6% to Rs 178, also its 52-week low on the BSE in intra-day trade.

IRB Infra nears 52-week high on heavy volumes

The stock rallied 6% to Rs 266, trading near to its 52-week high of Rs 272 on the BSE.

IRB Infra bags Rs 2,100-crore Rajasthan-Gujarat NHAI project

IRB said that it has emerged as a preferred bidder for the six-lane project from Udaipur to Rajasthan/ Gujarat border on section of NH-8