IRB Infra gains nearly 4% on bagging road project 24/06/2014

IRB Infra gains nearly 4% on bagging road project
24/06/2014 10:52
Shares of IRB Infra rose nearly 4 per cent in early trade on Bombay Stock Exchange (BSE) after the company said it has entered into a pact with National Highways Authority of India (NHAI) for an Rs 2,300 crore project for widening of a highway stretch in Haryanaunder National Highways Development Project (NHDP). The shares of company rose as much as 3.71 per cent to trade at Rs 214 a piece on the BSE. However, shares of the company rose 3.88 per cent to Rs 214.30 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,336.80, up 305.48 points or 1.22 per cent at 10.49 hours.