IRB Infra ends up 2% on rise in net profit

The stock ended with a gain of 2% at Rs 136. Around 2.33 million shares were traded today on the BSE.
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(Updated at 1030 hrs)

IRB Infrastructure today opened at Rs 135, and soon zoomed to a high of Rs 140. The stock is currently trading at Rs 139.50, up 4.5% from the previous day's closing.

The stock has witnessed trades of 311,742 shares on the counter at the BSE so far.

According to a release issued by the company to the BSE, the group's net profit has surged 54% to Rs 175.85 crore for the year ended March 31, 2009 as compared to Rs 113.93 crore in the corresponding year.

 

Total income has increased 30% to Rs 1,021.48 crore from Rs 784.73 crore in the previous year.