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IRB Infra’s Benchmark-Beating Rally Masks Concerns
The construction company’s stock has more than doubled in the last one year. But...
06 Apr 2021, 01:03 PM IST
IRB Infrastructure Developers Ltd. has not only outperformed the Nifty Infrastructure Index but also the benchmark Nifty 50 in the last year as economic activity picked up after the nation eased the lockdown curbs and on the government’s push to build highways to metro lines. That, however, masked certain challenges facing the company.IRB Infra’s shares gained 122.9% over the last year, Nifty Infra gained 81.7% and Nifty 50 Index ral...
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