IRB Infrastructure Sees Surge in Trading Activity Amid Increased Investor Participation

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 30,525,840 shares and a total traded value of Rs 13,126.11 lakhs. The stock opened at Rs 44.21, matching its previous close, and has seen a day high of Rs 44.23 and a day low of Rs 42.70, currently trading at Rs 42.75.
Notably, IRB Infrastructure is currently 4.61% away from its 52-week low of Rs 40.96. The stock has shown a trend reversal, gaining 1.89% today after two consecutive days of decline, outperforming its sector, which returned only 0.20%. Additionally, the stock's delivery volume has surged to 3.48 crore shares, reflecting a significant increase of 510.7% compared to the five-day average delivery volume.

Despite trading lower than its moving averages across various time frames, IRB Infrastructure maintains sufficient liquidity, with a trade size of Rs 1.74 crore based on 2% of the five-day average traded value. Overall, the stock's performance today highlights notable activity and rising investor participation 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.