Bengaluru, March 10 -- A leading highway developer's stock is in focus in the day's trade after its toll revenues surged by 18 percent in February 2025, driven by higher budget allocations to infrastructure, tourism, and consumption sectors.

Price Action:

On Monday, with a market capitalization of Rs 26,885 crores, the shares of IRB Infrastructure Developers Ltd. were trading at Rs 44.70, up 0.16 percent, making a high of Rs 45.95 per share compared to its previous closing price of Rs 44.51.

What Happened:

IRB Infrastructure reported an 18 percent YoY increase in toll revenue, with daily collections reaching Rs 19 crore in Feb 2025 compared to Rs 16 crore in Feb 2024. Total toll collection from 17 projects and SPVs rose 14.4 percent Y...