Infra Stock Jumps 13% on FY27 Toll Growth Outlook and Rs.4.4 Lakh Cr Monetisation Plan
Bengaluru, May 21 -- The shares of this infrastructure development and construction company in India with extensive experience in the roads and highways sector are in the spotlight after it rose by 13% in today's market session following the management guidance of overall toll business growth of more than 20% plus for the full year
With a market capitalisation of Rs. 28,214 cr, the shares of IRB Infrastructure Developers Ltd were trading at Rs. 23.38 per share, jumping 13% in today's market session, making a high of Rs. 23.94, up from its previous close of Rs. 21.13 per share.
Toll Revenue and Growth Projections for FY27
Based on an interview with Anil Yadav, CEO of Business Development and Investments at IRB, the company is positionin...
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