Moody’s affirmed ‘Ba1 CFR’ rating as financials to remain appropriate at the current level even as temporary weakening is expected

IRB Infra Shares Hit Record After Moody’s Affirms Long-Term Corporate Rating

The project entails tolling and operation and maintenance activities on the largest single continuous stretch of 316 km (1,264 lane km) on the North-South corridor of NH44.

IRB Infrastructure Trust Gets LoA For Rs 4,428 Crore Project From NHAI

It will be focusing on securing more projects in the build, operate and transfer category.

IRB Infrastructure Expects 20% Growth In Toll Collection In Second Half Of FY24

Out of the 12 tolls, the IRB MP Expressway Pvt Limited in Maharashtra contributed the major share of Rs 13.49 crore to the total revenue collection

IRB Infrastructure Toll Revenue Grows 14% to Rs 365 Crore in July - News18

Results Review for GAIL, Oberoi Realty, Petronet LNG, IRB Infra, HG Infra, NOCIL

IRB Infra said the first quarter of FY24 was positive due to trend seen in aggregate toll revenue. It expects a similar momentum for the rest of FY24.

IRB Infra shares Q1 updates, says toll revenue up 18%

IRB Infra and its private InvIT’s toll revenue has grown 16 percent in June at Rs 383 crore from the year-ago period

IRB Infra gains after June toll revenue jumps 16%

Several investors, including KKR, CDPQ, Cube Highways, and IRB Infrastructure Developers, have shown interest in acquiring a 361 km-long highway asset under ToT 12 auctions by the National Highways Authority of India (NHAI). The bids for NH26’s Lalitpur-Lakhnadon stretch in Madhya Pradesh have been …

Global investors line up for 361-km highway asset

IRB Infrastructure share price today: IRB Infrastructure stock was trading flat in early trade. The stock gained 0.25% to Rs 27.62 against the previous close of Rs 27.55 on BSE.

Multibagger infra stock turns ex-dividend today; trading in green for three sessions

Motilal Oswal recommended Neutral rating on IRB Infrastructure with a target price of Rs 30 in its research report dated May 20, 2023.

Neutral IRB Infrastructure; target of Rs 30: Motilal Oswal

IRB Infra Consolidated March 2023 Net Sales at Rs 1,619.98 crore, up 13% Y-o-Y

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

IRB Infrastructure Developers Limited is a road build–operate–transfer (BOT) operator. The Company's principal activity is the construction and maintenance of roads.