Shares of IRB Infrastructure hit a new high of Rs 40.95, as they surged 7 per cent on the BSE in Friday’s intra-day trade backed by heavy volumes after the company and the IRB Infrastructure Trust (Private InvIT), collectively recorded 20 per cent year-on-year rise in toll collection at Rs 437 crore in the month of November 2023.
India’s leading and the largest integrated multi-national transport infrastructure developer in highways sector had recorded the toll collection of Rs 366 crore in the month of November 2022. Share price of IRB Infra surpassed its previous high of Rs 39.50 touched on November 24, 2023.