IRB Infrastructure share price rose more than 5 percent in the opening trade on November 17 following the company received a project of Rs 9270 crore from National Highways Authority of India (NHAI).
At 09:18am IRB Infrastructure Developers was quoting at Rs 45.20, up Rs 2.29, or 5.34 percent, on the BSE.
IRB Infrastructure Trust, the private InvIT of IRB Infrastructure Developers has received the Letter of Award (LoA) from the National Highways Authority of India (NHAI) for the TOT-17 bundle covering 366Kms of Lucknow-Ayodhya-Gorakhpur Corridor on NH-27 and part of Lucknow-Varanasi Corridor on NH-731, for a revenue linked concession period of 20 years.
Post TOT-17 project to IRB Group’s project portfolio (including Private and Public InvIT) will have 27 highway projects that include 18 BOT, 5 TOT, and 4 HAM projects.
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The company had collected toll of Rs 556.7 crore for the month of September, marking an 11% increase from Rs 501.8 crore in the same month last year.
The company's standalone net profit jumped 17.8% to Rs 188.37 crore in September 2025 against Rs 159.89 crore in September 2024.
The revenue of the company's rose 7 percent at Rs 1,064.72 crore versus Rs 993.75 crore, YoY.
In the previous trading session, the share closed at Rs 42.91, up Rs 0.56, or 1.32 percent.
The share touched a 52-week high of Rs 61.98 and a 52-week low of Rs 40.54 on 10 December, 2024 and 26 September, 2025, respectively.
Currently, the stock is trading 27.07 percent below its 52-week high and 11.49 percent above its 52-week low.
The market capitalisation of the company stands at Rs 27,296.28 crore.
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