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Read more about IRB Infra posts 37% drop in fourth quarter profit at Rs 97.45 crore on Business Standard. The firm's expenses stood at Rs 1,474.27 crore, as compared to Rs 1,445.29 crore a year ago.
Read more about Market Wrap Podcast, May 24: Here's all that happened in the markets today on Business Standard. The BSE barometer of 30-shares settled 111 points, or 0.2 per cent, higher at 50,652 levels while the broader Nifty50 index closed at 15,198 levels, up 22 points or 0.15 per cent
: Friday, May 7, 2021, 1:41 AM IST Stocks to watch out for today: Tata Consumer Products, IRB Infrastructure, Adani Power, Cognizant, Hero MotoCorp, Blue Star among others Stocks to watch out for today: Tata Consumer Products, IRB Infrastructure, Adani Power, Cognizant, Hero MotoCorp, Blue Star among others On Friday, when the market opens one can expect some activity in some stocks that filed their financial results on Thursday after market hours. Here we have listed a few stocks that are expected to show some movement on Friday. Tata Consumer Products: This integrated Food & Beverage compa...
LIC increases stake in IRB Infrastructure Developers to 7.06% Pixabay State-run insurer Life Insurance Corporation (LIC) has raised its stake in the company that operates Mumbai-Pune Expressway. LIC now has a 7.06 per cent stake in IRB Infrastructure Developers. The company in its filing said the insurer added 2.03 per cent stake or 7.19 lakh equity shares to its existing holding of 1.76 crore equity shares or 5.03 per cent stake. The insurer increased its stake by market purchase. LIC's stake in the company rose to 5.27 per cent from 3.81 per cent in the June quarter of FY 2021. IRB Infra is...
Betting on BoT Worsening NHAI finances are forcing the government to go back to the build-operate-transfer model for road projects Photograph by Shekhar Gosh On February 10, the National Highways Authority of India's (NHAI's) project team eagerly awaited opening of bids for two projects - six-laning of the 67.75-kilometre Panagarh-Palsit and 63.8-kilometre Palsit-Dankuni stretches - in West Bengal. The excitement vanished soon after, because instead of bids, all they got were bid-related queries from developers. NHAI extended the bid submission deadline by two weeks. The story was no differen...