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Construction firm IRB Infra’s shares tumble over 31 pc in last 1 year
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Construction firm IRB Infra’s shares tumble over 31 pc in last 1 year
Mumbai, May 23: 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,…
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