IRB Infra is the largest personal toll roads and highways facilities designer in IndiaIRB Infrastructure Developers shares soared over 5 percent in a weak market as the company bagged 2 highway tasks, one each in West Bengal and Himachal Pradesh.
At 2.00 pm, the shares of the infra business were trading at Rs 109.05, higher by 5.5 per cent, on the BSE.
IRB Infra got Letter of Awards from the National Highways Authority of India (NHAI) for a BOT task in West Bengal and a Hybrid Annuity Model (HAM) project in Himachal Pradesh, IRB Infra stated in a regulatory filing to the stock exchanges.
The West Bengal task deserves Rs 2,421 crore and the Himachal Pradesh one amounts to Rs 828 crore.
Both these tasks have taken the business's total job orders to over Rs 5,000 crore in FY21.IRB Infra is the biggest personal toll roads and highways infrastructure designer in India.The Sensex was trading at 49,643.80, lower by 486.95 points or 0.96 per cent and the NSE Nifty was at 14,732.70, down 116.60 points or 0.71 percent at the time.