Monday 13 August 2018

Sell IRB Infrastructure Developers

-:IRB Infrastructure Developers | Ideal Stock:- 

Independent Investment advisor Ideal Stock has a sell call on IRB Infrastructure Developers Ltd.NSE 0.54 % with a target price of Rs 184.0. The current market price of IRB Infrastructure Developers Ltd. is Rs 191.15 Time period given by the advisor is Intra Day when IRB Infrastructure Developers Ltd. price can reach the defined target. Kunal Bothra recommended keeping the stop loss at Rs 197. IRB Infrastructure Developers Ltd., incorporated in 1998, is a midcap company with a market cap of Rs 6791.77 crore.
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IRB Infrastructure Developers Ltd. key Products/Revenue Segments include Contract Revenue which contributed Rs 3412.54 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2017. 
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For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 1537.95 Crore, up 11.27 % from last quarter Sales of Rs 1382.24 Crore and down -15.35 % from last year same quarter Sales of Rs 1816.88 Crore Company has reported the net profit after tax of Rs 250.10 Crore in latest quarter. The company’s top management includes Mr.Chandrashekhar S Kaptan, Mr.Mukeshlal Gupta, Mr.Sandeep J Shah, Mr.Sudhir R Hoshing, Mr.Sunil H Talati, Mr.Sunil Tandon, Mr.Virendra D Mhaiskar, Mrs.Deepali V Mhaiskar. The company has S R Batliboi & Co. LLP as its auditoRs As on 30-06-2018, the company has a total of 351,450,000 shares outstanding. 

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