IRB Infra Share Price | IRB Infra share will prosper, experts give BUY rating, note the target – NSE: IRB
IRB Infra Share Price | The stock market closed higher on Thursday 16 January 2025. The 30-share Sensex of National Stock Exchange was also moving at 76,724.08 points with a gain of 224.45 points or 0.25 percent in the initial phase. Similarly, Nifty of National Stock Exchange increased by 37.15 points or 0.15 percent to reach 23,213.20 points. Meanwhile, Yes Securities Brokerage has announced the target price for the shares of IRB Infrastructure Developers Company.
Current Status of IRB Infra Stock
On Thursday, January 16, 2025, IRB Infra shares were trading at Rs 52.80, down 3.27 percent. The stock of IRB Infra Limited Company had a 52-week high of Rs 78.15, while the stock had a 52-week low of Rs 44.85. The total market cap of IRB Infra Company currently stands at Rs 31,735 crore.
IRB Infra Share Target Price
The 14-term IRB Infra RSI has shown a positive crossover, which is in line with the current price movement, Yes Securities brokerage firm said in a statement. This explains the bullish signal in the stock. Based on this analysis, Yes Securities has advised to buy shares of IRB Infrastructure Developers between Rs 58 to Rs 59. The brokerage has asked investors to keep a stoploss of Rs 53. Yes Securities has announced a target price of Rs 71 for IRB Infrastructure Developers Company share. On Friday (January 17, 2025), the stock was trading at Rs 53.9, up 2.59%.
How much return did IRB Infra Company share give?
IRB Infra Company Limited shares have fallen 3.86% in the last five days. IRB Infra Company shares have fallen 9.50% in the last one month. The stock has declined 25.61% in the last six months. NTPC share has given 14.04% return in the last one year. IRB Infra Company share has given 425.90% return in the last 5 years. The share has given 172.73% return in the long term. However, on YTD basis, shares of IRB Infra Company have declined 11.32%.
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