IRB Infrastructure Developers moved up 2.5 percent intraday Thursday on bagging Rs 2,650 crore orders from National Highway Authority of India (NHAI).



The company has emerged as a preferred bidder for the project of six laning of Agra-Etawah bypass section of NH-2 in the state of Utter Pradesh under NHDP Phase-V on BOT mode.



The estimated project cost of the company is approximately Rs 2650 crore with construction period of 910 days and concession period of 24 years. With this project,



the company has expanded its base in 8 states The company’s board meeting will be held on May 29, 2015, to consider the Audited Financial Results for the year ended March 31, 2015 and to consider declaration of second interim dividend ,



if any, for the financial year 2014-15. At 12:03 hrs IRB Infrastructure Developers was quoting at Rs 246, up Rs 4, or 1.65 percent on the BSE.



The company share price gained over 37 percnet over the last one year.

here is company details.

 

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