IRB Infra Share Price | Beneficial update on IRB Infra Company, share price will be affected – NSE: IRB
IRB Infra Share Price | On Friday, January 10, 2025, the stock market closed with a decline for the third consecutive day. BSE Sensex has fallen by 241 points. Interestingly, Nifty has broken its key support level of 23,500. On Friday, BSE Sensex fell 241.30 points or 0.11 per cent to 77,378.91. At the same time, Nifty of National Stock Exchange fell by 86.50 points or 0.11 percent to 23,440.00 points. This fall in the stock market has provided a profitable trading update about IRB Infrastructure Company.
Current Status of IRB Infrastructure Company Share
On Friday, January 10, 2025, shares of IRB Infrastructure Company were trading at Rs 52.85, down 4.79 percent. The 52-week high of IRB Infrastructure shares was Rs 78.15, while the 52-week low of IRB Infrastructure shares was Rs 44.85. The total market cap of IRB Infrastructure Company currently stands at Rs 31,947 crore.
Update on IRB Infrastructure Company
IRB Infrastructure Developers Limited has issued a financial update. IRB Infrastructure Company's toll collections for December 2024 have increased by 19 percent on a year-on-year basis. As a result IRB Infrastructure Company stock is in focus. According to data released by IRB Infrastructure Company, the total toll collection has reached Rs 580 crore in December 2024 compared to Rs 488 crore in December 2023. India's infrastructure sector will play a key role in achieving the ambitious target of becoming a $30-35 trillion economy by 2047. Recognizing this, the Central Government has significantly increased capital expenditure for key sectors such as highways by prioritizing reforms and investment. The average price-to-earnings (P/E) ratio for the infrastructure industry in India is 25.44. Reserve Bank of India Infrastructure Developers Limited Company's current P/E ratio is less than 53.
How much return did IRB Infrastructure Company share give?
Shares of IRB Infrastructure Company have fallen 11.03% in the last five days. Shares of IRB Infrastructure Company have fallen 10.04% in the past month. The stock has declined 22.29% in the last six months. IRB Infrastructure Company shares have given 15.39% return in the last one year. Shares of IRB Infrastructure Company have given 539.06% returns in the last five years. IRB Infrastructure shares have given 172.99% returns in the long term. On a YTD basis, IRB Infrastructure Company shares have declined 9.27%.
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