India's IRB Infrastructure rises after August toll revenue surges 25%

IRB Infrastructure Developers

10/09/2026 05:50

** Shares of IRB Infrastructure Developers IRBI.NS rise nearly 3% to 19.6 rupees
** The highway construction firm posts a ~25% y/y rise in August toll revenue to 8.07 billion rupees ($84.7 million)
** Stock set to rise for the first time in six sessions, if gains hold 
** More than 43.1 million shares traded, 3.3x their 30-day moving avg
** The avg rating of analysts covering the stock is "buy" and median PT is 27 rupees - data compiled by LSEG
** YTD, IRBI stock down ~6.5% 

($1 = 95.2775 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)
 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))