Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 50 in its research report dated August 15, 2025.
The council's fitment committee has recommended exemption from GST on toll-operate-transfer contracts, which can benefit private road developers such as Adani Enterprises and IRB Infrastructure
Up to 4 percent of company's total equity could be sold at a price range of Rs 63-72.70 per share by two seller entities - IRB Holding Pvt Ltd and Deepali Virendra Mhaiskar.
Motilal Oswal recommended accumulate rating on IRB Infrastructure with a target price of Rs 61 in its research report dated May 07, 2024.
IRB Infrastructure recorded a 20 percent increase in toll revenue from the Mumbai–Pune Expressway in FY24
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 60 in its research report dated March 14, 2024.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 60 in its research report dated February 01, 2024.
Toll collection stood at Rs 345.1 crore in the same month last year, IRB said in a statement.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 33 in its research report dated October 30, 2023.
IRB Infrastructure stock has given a return of 18.79 percent over the last six months. The benchmark Nifty50 index has given a return of 15.54 percent over the same duration.
IRB Infrastructure has lost 8.17 percent of its value over the last six months.
In June 2023, the company recorded Rs 383-crore toll revenue, higher from Rs 329 crore in June 2022.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 30 in its research report dated May 20, 2023.
L&T is sitting at a record order book of close to Rs 399,526 crore. Even though order inflows are expected to be slightly lower this year (growth of 10-12 percent) because of the general elections, existing orders provide a good visibility.
IRB Infrastructure Developers said that the continued toll collection growth has come on the back of traffic growth across all corridors, upward tariff revisions post construction completion in few projects and the annual tariff revision.
During the same month last year, "the toll revenue from the subsidiaries and joint venture entities of the company was at Rs 306.6 crore," IRB Infrastructure Developers said in a regulatory filing on Monday.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 240 in its research report dated October 22, 2022.
The company had clocked a consolidated net profit of Rs 42.30 crore in the corresponding quarter of the previous fiscal, it said in a statement.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 270 in its research report dated August 08, 2022.
The total length of the project is 129.7 km, IRB Infrastructure said in a filing to BSE.
The company said it received a letter of award for six-laning of Dankuni-Palsit stretch in West Bengal and emerged as the preferred bidder for four-laning of the Pathankot-Mandi section in Himachal Pradesh.
Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 103 in its research report dated November 14, 2020.
The project is on design, build, finance, operate and transfer (DBFOT) pattern, and the concession period is 17 years, including construction period of 910 days, it added.
The highway builder had clocked a net profit of Rs 208 crore in the corresponding quarter a year ago, as per a regulatory filing to the BSE.
The infrastructure company said that the funds will be raised through appropriate instruments in one or more tranches.