IRB Infrastructure Developers Ltd Sees 19 Million Shares Traded Amid 4.55% Price Surge

IRB Infrastructure Developers Ltd, a small-cap player in the construction industry, has emerged as one of the most active equities today, with a total traded volume of 19,058,890 shares and a total traded value of Rs 85.65 crore. The stock opened at Rs 43.55 and reached an intraday high of Rs 45.50, reflecting a 4.55% increase during the trading session. As of the latest update, the last traded price stands at Rs 45.23, marking a notable performance that outperformed the sector by 3.61%.
The stock has shown consistent upward momentum, gaining for the last five consecutive days and delivering a total return of 5.79% over this period. Notably, the delivery volume on October 24 was recorded at 3.76 million shares, which is a significant 32.43% increase compared to the five-day average delivery volume, indicating rising investor participation.

In terms of moving averages, IRB Infrastructure Developers is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages. With a market capitalization of Rs 27,332.51 crore, the stock demonstrates sufficient liquidity for trading, based on 2% of the five-day average traded value. Overall, IRB Infrastructure Developers has shown robust activity and performance metrics in today's trading session.

Note : Historical numbers are not comparable for this company due to transfer of 9 assets by IRB to Private InvIT in FY20.

Pledge shareholding: IRB has provided a non-disposal undertaking (committing not to sell a certain percentage of their holding in IRB) to GIC and the Ferrovial Group.