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InfrastructureMedium impactPre-market

IRB Infrastructure emerges as lowest bidder for NHAI project

pre-market1 source ↓written by the desknot a recommendation

from their 52-week
31% discount
compared
29.5
industry average
18.8

IRB Infrastructure Developers Ltd's associate, IRB Infrastructure Trust, has been selected as the preferred bidder for a Toll-operate-Transfer project on National Highway-16 in Odisha. The company's shares are currently trading at ₹42, reflecting a 31% discount from their 52-week high of ₹61, with a P/E ratio of 29.5 compared to the industry average of 18.8.

This development may enhance investor sentiment, given the company's significant market capitalization of ₹25,750 cr and its role in highway infrastructure construction.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Dec 2025, 07:13 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IRB closed −0.5% on the day of the news, from ₹42.68 to ₹42.48; Nifty −0.1% over the same session.

Bulletin at 07:13 IST on 24 Dec 2025. Every change is measured from ₹42.68, the last close before it, on 23 Dec. Nifty 50 is measured over the same sessions.

  • IRB close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
IRB closes around the bulletin against the close before the news, with Nifty 50 rebased to it37.1542.6848.21axis spans 30%before the news · 23 Dec42.68Nifty 50IRBbulletinD0+1+3+517 Dec30 Dec8 JanReference close ₹42.68. 16 sessions from 17 Dec to 8 Jan; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before23 Dec₹42.68basebase
On the day24 Dec₹42.48▼ −0.5%▼ −0.1%−0.3 pp difference
+1 session26 Dec₹42.21▼ −1.1%▼ −0.5%−0.6 pp difference
+3 sessions30 Dec₹42.13▼ −1.3%▼ −0.9%−0.4 pp difference
+5 sessions1 Jan₹42.16▼ −1.2%▼ −0.1%−1.1 pp difference
Gap at the open, % · ₹
0.0%0.00 on 24 Dec
Day's range, % · ₹
1.9%≈ 0.83 high to low
Volume on the day
0.69×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · IRB on the desk →

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