IRB Infrastructure Developers Ltd receives LOA from NHAI for road project

IRB Infrastructure Developers Ltd has received Letter of Award from NHAI for the project of Rehabilitation and Upgradation to Four Lane configuration & Strengthening of Punjab / HP Border to Mo from Km 11.000 to Km 42.000 (Design Length 28.700 KM) of NH-20 (New NH-154) of Pathankot-Mandi Section in the state of Himachal Pradesh on Hybrid Annuity Mode (HAM) (Package-1A).

The Construction Period for the project is 730 Days & Operation Period of 15 (Fifteen) years commencing from COD.

Shares of IRB INFRASTRUCTURE DEVELOPERS LTD. was last trading in BSE at Rs.108.65 as compared to the previous close of Rs. 103.35. The total number of shares traded during the day was 450143 in over 6582 trades.

The stock hit an intraday high of Rs. 112.3 and intraday low of 107.4. The net turnover during the day was Rs. 49390344.

Source : Equity Bulls

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