Latest news with #IRBInfrastructure
Mint
18 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 18 August 2025
Stocks to buy under ₹ 100: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty 50 and Sensex ended the week with gains of around 1%, though momentum remained muted due to persistent foreign outflows. Foreign Institutional Investors (FIIs) continued their aggressive selling, offloading nearly ₹ 10,000 crore in the cash market, while Domestic Institutional Investors (DIIs) absorbed the pressure with strong buying worth ₹ 19,000 crore. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged. On the outlook of the Indian stock market today, Anuj Gupta, Director at Ya Wealth, said, "Bulls are expected to cheer PM Modi's announcement of GST reforms in his Independence Day speech. PM Modi has hinted at next-generation GST reforms by Diwali 2025, which is expected to boost consumption in India because GST is a consumption-oriented tax levied nationwide. As per the reports, the Government of India (GoI) has proposed shifting nearly 99% goods from the 12% GST slab to 5% and the same number of goods from the 28% GST slab to 18%. The market may try to discount the GST reform, and we may see strong buying in consumption-oriented segments like FMCG, consumer durables, agriculture, etc." Speaking on the outlook of the Nifty 50 index, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Nifty on the weekly chart formed a reasonable positive candle that reversed the previous six losing weeks. The placement of cluster supports around 24,300-24,200 levels could offer strong support for any weakness from here. However, a sustainable upmove above the hurdle of 24,700 could open further upside towards the 25,000 mark in the near term." On the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index has been witnessing a narrow range-bound movement for quite some time, gripped between the 55,000 and 55,700 zone, desperately waiting for a decisive breakout on either side to get clarity and confirm a directional move in the coming days. With the index precariously placed at the current juncture, as said earlier, a decisive breach below the 54,400 zone shall trigger intensified selling pressure overall weakening the trend, with the next major support positioned near the important 200-period SMA at the 52,700 zone." Regarding stocks to buy today, market experts — Mehul Kothari, Deputy Vice President of Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS Wealth; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: IRB Infrastructure, Edelweiss Financial Services, Motherson Sumi Wiring India, and Lloyds Engineering. 1] IRB Infrastructure: Buy at ₹ 45, Target ₹ 49, Stop Loss ₹ 43; and 2] Edelweiss Financial Services: Buy at ₹ 96, Target ₹ 102, Stop Loss ₹ 93. 3] Motherson Sumi Wiring India: Buy at ₹ 37.70, Targets ₹ 40.70, ₹ 42, Stop Loss ₹ 35.90. 4] Lloyds Engineering: Buy at ₹ 69.50, Target ₹ 75, Stop Loss ₹ 67.
Mint
21 hours ago
- Business
- Mint
Stocks to buy under ₹100: Experts recommend four shares to buy today — 18 August 2025
Stocks to buy under ₹ 100: The Indian stock market finally snapped a six-week losing streak as extreme oversold conditions and supportive global cues lifted investor sentiment. The Nifty 50 and Sensex ended the week with gains of around 1%, though momentum remained muted due to persistent foreign outflows. Foreign Institutional Investors (FIIs) continued their aggressive selling, offloading nearly ₹ 10,000 crore in the cash market, while Domestic Institutional Investors (DIIs) absorbed the pressure with strong buying worth ₹ 19,000 crore. Broader markets staged a recovery across sectors, led by pharma and auto stocks, though FMCG lagged. On the outlook of the Indian stock market today, Anuj Gupta, Director at Ya Wealth, said, "Bulls are expected to cheer PM Modi's announcement of GST reforms in his Independence Day speech. PM Modi has hinted at next-generation GST reforms by Diwali 2025, which is expected to boost consumption in India because GST is a consumption-oriented tax levied nationwide. As per the reports, the Government of India (GoI) has proposed shifting nearly 99% goods from the 12% GST slab to 5% and the same number of goods from the 28% GST slab to 18%. The market may try to discount the GST reform, and we may see strong buying in consumption-oriented segments like FMCG, consumer durables, agriculture, etc." Speaking on the outlook of the Nifty 50 index, Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said, "Nifty on the weekly chart formed a reasonable positive candle that reversed the previous six losing weeks. The placement of cluster supports around 24,300-24,200 levels could offer strong support for any weakness from here. However, a sustainable upmove above the hurdle of 24,700 could open further upside towards the 25,000 mark in the near term." On the outlook of the Bank Nifty today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Bank Nifty index has been witnessing a narrow range-bound movement for quite some time, gripped between the 55,000 and 55,700 zone, desperately waiting for a decisive breakout on either side to get clarity and confirm a directional move in the coming days. With the index precariously placed at the current juncture, as said earlier, a decisive breach below the 54,400 zone shall trigger intensified selling pressure overall weakening the trend, with the next major support positioned near the important 200-period SMA at the 52,700 zone." Regarding stocks to buy today, market experts — Mehul Kothari, Deputy Vice President of Technical Research at Anand Rathi; Sugandha Sachdeva, Founder of SS Wealth; and Anshul Jain, Head of Research at Lakshmishree Investment, recommended these four intraday stocks for today under ₹ 100: IRB Infrastructure, Edelweiss Financial Services, Motherson Sumi Wiring India, and Lloyds Engineering. 1] IRB Infrastructure: Buy at ₹ 45, Target ₹ 49, Stop Loss ₹ 43; and 2] Edelweiss Financial Services: Buy at ₹ 96, Target ₹ 102, Stop Loss ₹ 93. 3] Motherson Sumi Wiring India: Buy at ₹ 37.70, Targets ₹ 40.70, ₹ 42, Stop Loss ₹ 35.90. 4] Lloyds Engineering: Buy at ₹ 69.50, Target ₹ 75, Stop Loss ₹ 67. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
News18
4 days ago
- Business
- News18
IRB Infrastructure net profit grows 45 pc to Rs 202 cr
Agency: PTI Last Updated: New Delhi, Aug 14 (PTI) IRB Infrastructure on Thursday posted an over 45 per cent year-on-year (y-o-y) rise in consolidated net profit to Rs 202.4 crore in the June quarter of FY26, supported by higher revenues. The company had logged a net profit of Rs 139.9 crore in the April-June period of the 2024-25 financial year. According to an exchange filing, its total income rose to Rs 2,164.5 crore in the first quarter from Rs 1,971.6 crore in the same period a year ago. Revenue from services was at Rs 1,865.9 crore, higher from Rs 1,852.9 crore in Q1 of FY25. In a statement, the company said Q1FY26 toll revenue has risen 8 per cent Y-o-Y to Rs 1,680 crore from Rs 1,555 crore in Q1FY25. view comments First Published: August 14, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
09-06-2025
- Business
- Time of India
IRB Infra toll revenue rises nearly 9 pc to Rs 581 cr in May
IRB Infrastructure on Monday posted a nearly 9 per cent year-on-year rise in its toll revenue to Rs 581 crore in May 2025. Revenues from the toll collection business stood at Rs 536 crore in the same month last year, IRB said in an exchange filing. Of its 17 tolls, the IRB MP Expressway in Maharashtra contributed the major share of Rs 159.5 crore to the total revenue collection in April, up from Rs 152.6 crore contribution in May 2024. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Online MBA from India's Top Ranked Institute SRM Online MBA Learn More Undo With Rs 73 crore, IRB Golconda Expressway (Hyderabad ORR) was the second largest contributor to the revenues in May 2025, up from 62.7 crore last year. Contribution of IRB Ahmedabad Vadodara Super Express Tollway rose to Rs 68.7 crore from Rs 64.5 crore in May 2024, which is the third largest in the aggregate toll collection, it said. Live Events Last year, the company added TOT-12 project Lalitpur Lakhnadon NH44 and collected Rs 37.5 crore toll revenue, higher from Rs 35.5 crore a year ago. "The y-o-y toll revenue growth of 9 per cent can be primarily attributed to the vacation season across the country. While pre-monsoon rains did have some minor impact on traffic volumes during the latter half of the month, the overall momentum remains strong," its Deputy CEO Amitabh Murarka said. This sustained growth trajectory is encouraging and is expected to continue in the coming months, supported by the addition of approximately 4.5 lakh new commercial and passenger vehicles across India in May 2025, along with the expected completion of a few ongoing projects within our portfolio, he said. IRB is India's first integrated infrastructure player in the highways segment. It is the country's largest integrated private toll roads and highways infrastructure developer with an asset base of over Rs 80,000 crore in 12 states.
Hans India
23-05-2025
- Business
- Hans India
Construction firm IRB Infra's shares tumble over 31 pc in last 1 year
Mumbai: Highway construction company IRB Infrastructure has seen its shares nosediving over the past year, declining by more than 31 per cent in a year's time. On Friday, the stock closed at Rs 50.94 on the National Stock Exchange (NSE), down Rs 0.31, or 0.60 per cent, apiece for the day. This is a steep drop from its 52-week high of Rs 78.15, representing a fall of 34.81 per cent. The stock has faced pressure not just in the past year, but also in 2025 to date. On a year-to-date (YTD) basis, IRB Infra shares are down 14.44 per cent, and over the last six months, they have slipped by 0.41 per cent. While the shares have risen 4.81 per cent in the past month, they fell 0.89 per cent in the last five trading sessions. The 52-week low stands at Rs 40.96 on NSE. However, on May 21, the shares of the company soared over 4 per cent during the intra-day trade. According to the information on its website, IRB Infra has 26 highway projects across 12 states with an asset base of Rs 80,000 crore, with 15,500 lane kms under operations and 72 toll plazas. Meanwhile, on a sequential basis, IRB Infra reported a 96.43 per cent decline in its net profit for the March quarter (Q4 FY25) to Rs 214.7 crore, compared to Rs 6,026.1 crore in the December quarter (Q3 FY25). Total expenses in the March quarter also rose by 7.23 per cent, driven by a 78.28 per cent surge in the cost of materials consumed and a 26.14 per cent rise in other expenses. Despite the bottom-line pressure, revenue from operations increased by 6.11 per cent to Rs 2,149.2 crore in Q4, while total income rose by 6.10 per cent to Rs 2,217.8 crore. However, compared to the same quarter last year, total income was still down by 11.44 per cent.
