IRB Infra jumps 8% after its SPV raises 700 crores through NCDs

At 12.05 p.m, IRB Infra was trading at ₹312.85 up by 7.56 percent on the NSE. The stock has surged about 31 percent year-to-date, while in the last three years it has given a multi-bagger return of 450 percent.

IRB Infra: Ventura Securities is bullish on the stock, says may rally 239%! Here are the reasons

According to the projections made by the analysts at Ventura Securities, the stock has the potential to reach a new high of ₹792.2/share over the next 30 months, representing an upside of 266.6% from the stock's Friday closing price. The brokerage expects the revenue to grow at a CAGR of 14.7%.

IRB Infra surges 4% in a weak market; This is the reason

During Thursday's trade, IRB Infra opened on a slight negative note Rs. 213.50 against the previous close of ₹214.15. However, during the early session, the stock rallied and touched an intraday high of ₹221.70.

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IRB Infra jumps 8% after its SPV raises 700 crores through NCDs

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