India's IRB Infra rises on higher April toll collection

IRB Infrastructure Developers

10/05/2023 07:52

** Shares of IRB Infrastructure Developers Ltd  IRBI.NS 
rise as much as 4.35% to 28.80 rupees, highest in a week
    ** The infrastructure developer registers a toll collection
growth of 19% Y/Y in April
    ** Of the eight analysts tracking IRBI, five maintain "buy"
and three suggest "hold"; median TP is 31.60 rupees 



($1 = 81.7800 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))