Bengaluru, Dec. 23 -- The shares of one of the leading highway infrastructure companies in India, engaged in construction works in accordance with EPC contract, were in focus after emerging out as a preferred bidder for the TOT project awarded by NHAI.

With the market capitalization of Rs. 25,750 Crores, the shares of IRB Infrastructure Developers were approximately trading at Rs. 42 per equity share which is 31 percent discount from its 52 week high of Rs. 61 and trading at a P/E of 29.5 whereas industry P/E stands at 18.8

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IRB Infrastructure Developers Limited reported to the market that its associate, IRB Infrastructure Trust, has been identified as the preferred bidder for NHAI's TOT-18 project, in relation to the t...