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IRB Infrastructure News

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IRB Infrastructure-sponsored IRB InvIT Fund on Saturday reported revenue of Rs 151 crore for the April-June quarter
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IRB Infrastructure Developers Ltd said it has filed an application for an initial public offering of its infrastructure investment trust to raise up to 43 billion rupees ($647.20 million).
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IRB Infrastructure Developers on Thursday said it has executed concession agreement with NHAI for Rs 2,650-crore project of six laning of Agra-Etawah Bypass section in Uttar Pradesh.
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The cost of the project is estimated at Rs 2,650 crore with construction period of 910 days and the concession period for the same is 24 years.
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Shares of IRB Infrastructure Developers Ltd fall after Citigroup downgraded the stock to "sell" from "buy".






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