Stock Report

IRB InvIT Fund updates on Surat-Dahisar BOT Project



Posted On : 2022-05-27 10:22:07( TIMEZONE : IST )

IRB InvIT Fund updates on Surat-Dahisar BOT Project

IRB Surat Dahisar Tollway Limited, a Project SPV of IRB InvIT Fund ("Trust"), has successfully completed Concession Period of "Six laning of Surat Dahisar section of NH 8 from Km. 263.00 to Km. 502.00, in the State of Gujarat and Maharashtra executed as BOT (Toll) on DBFO pattern under NHDP Phase V" ("Project") on May 25, 2022 and handed over the Project Highway including Project Assets to National Highways Authority of India (NHAI) in terms of the Concession Agreement.

Shares of IRB InvIT Fund was last trading in BSE at Rs. 53.50 as compared to the previous close of Rs. 53.27. The total number of shares traded during the day was 200914 in over 283 trades.

The stock hit an intraday high of Rs. 54.24 and intraday low of 53.00. The net turnover during the day was Rs. 10662322.00.

Source : Equity Bulls

Keywords

IRBInvITFund IRBSuratDahisarTollway ConcessionPeriod Completion NHAI