IRB Infrastructure Sees Surge in Trading Volume Amid Increased Investor Participation

IRB Infrastructure Developers Ltd, a prominent player in the construction industry, has emerged as one of the most active equities today, with a total traded volume of 25,689,928 shares and a total traded value of approximately Rs 131.17 crores. The stock opened at Rs 49.80 and reached a day high of Rs 52.10, while the day low was recorded at Rs 49.33. As of the latest update, the last traded price (LTP) stands at Rs 51.37.
In terms of performance, IRB Infrastructure has outperformed its sector by 0.26%, marking a slight gain of 0.14% for the day. The stock has been on a gaining streak for the past day, with returns of -0.08% during this period. Notably, the stock's performance is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Investor participation has also seen a rise, with a delivery volume of 99.24 lakhs on May 21, reflecting an 8% increase compared to the 5-day average delivery volume. With a market capitalization of Rs 31,052.54 crores, IRB Infrastructure continues to demonstrate liquidity sufficient for trades around Rs 0.69 crores. Overall, the stock's activity today highlights its significant presence in the market.

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.