IRB InvIT Fund and IRB Infrastructure Trust - the private InvIT of IRB group with Singapore sovereign wealth fund GIC - had in May 2025 entered into a non-binding offer for transfer of the latter’s three BOT (build, operate, transfer) highway assets.
The company had clocked a net profit of Rs 141.35 crore during the year-ago quarter, IRB Infrastructure Developers said in a BSE filing.
IRB’s March quarter performance shows active tendering activity in roads and a rise in revenue from construction as well as toll traffic and income
Home Ministry officials said deployment of such a large number of security personnel in the 2019 general elections was the highest ever in India.
A bearish signal has been generated in IRB which is a resumption of earlier bearish trend
The company had clocked a net profit of Rs 234.73 crore in the corresponding period of the previous fiscal.
The court ordered that Virendra Mhaiskar, chairman and managing director of the real estate firm and three others be discharged from a case of criminal conspiracy
These projects mark the foray of the company, which has been a leading player in the build-operate-transfer segment, in the HAM space, IRB said in a statement issued here
NHAI has begun monetising assets, recently auctioning 648 km of national highways where Macquarie Group won the rights to manage the bidding worth Rs 9,681.5 crore.
On an average, there was a 4% increase in the sales turnover of the 14 mid and small size construction companies that have reported results so far.
The road sector continues to remain a promising theme within construction for the long-term. This is particularly so in the light of government's renewed focus on roads and consolidation in the sector that will allow serious players to reap dividends.
Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund R
Misal Singh of Religare Capital Markets told CNBC-TV18 that relaxed government norms, increased investments will boost growth in the road sector in FY16.
The Sensex too clocked nearly 400 points gain cruising comfortably above 20100. Banks were the big star in trade today. The Bank Nifty was up nearly 3 percent led by names like PNB (up 6.6 percent) and SBI (up 3.5 percent).
VD Mhaiskar, CMD, IRB Infrastracture Developers, says that there was delay in getting environment clearance (EC) and forest clearance (FC) for the Ahmadabad-Baroda project but now the clearance is in place and IRB Infrastructure has taken over that project from NHAI on January 1.
Angel Broking has come out with its report on Credit Analysis and Research (CARE) IPO. According to the research firm, CARE is expected to register at least similar kind of growth in its volume of debt rated. One can subscribe to the issue, says Angel.
Back home after securing endorsement from his party, a combative BJP chief Nitin Gadkari today threatened to file civil and criminal cases against media houses "defaming" him as part of a "conspiracy" hatched by the Congress.
SP Tulsian of sptulsian.com, says that PNB may disappoint the market due to fear of asset quality However, ICICI Bank may surprise the market with positive numbers. Axis Bank, Yes Bank, IndusInd Bank and Kotak Mahindra performed well.
DLF may rally to Rs 245- 250 from one week‘s perspective, says Kunal Bothra, Sr. Technical Analyst, LKP.
SP Tulsian of sptulsian.com, says that the announcement of merger between Sea Goa and Sterlite with a swap ratio of 60% is negative news. If Sesa Goa falls by 5%, then same effect or weakness will be seen in Sterlite as well.
Emkay Global Financial Services has come out with its report on BSE500 Company‘s shareholding analysis.
Technical analyst Sudarshan Sukhani suggested traders to keep stop loss at 5,200 if they are willing to take the risk and maintain their long positions.
Buy Maruti Suzuki on dip, says Sudarshan Sukhani of s2analytics.com.
Short IDFC, says Sudarshan Sukhani of s2analytics.com.