Subhkam Ventures buys 60.25 lakh shares of IRB InvIT

About 30,30,000 shares of IRB InvIT were sold by ECL Finance at Rs 102.26 and over 29,05,000 shares were sold by Nomura Singapore at Rs 102.04 on NSE on Thursday.

However, Subhkam Ventures acquired 60,25,000 shares at Rs 102.08 and PFIL Securities purchased 49,00,000 shares at Rs 102.57 on the NSE.

IRB InvIT was trading at Rs 101.50, down by 0.30 point or 0.29% in the morning session on the NSE on May 19,2017, Its 52-week high is Rs 105 and 52-week low is Rs 99.75 on May 18, 2017.

IRB InvIT Fund is sponsored by road developer IRB Infrastructure Developers Limited, one of the largest infrastructure development and construction companies in India. The company primarily intends to own, operate and maintain a portfolio of six toll road assets in Maharashtra, Gujarat, Rajasthan, Karnataka and Tamil Nadu. These toll roads are operated and maintained pursuant to concessions granted by the NHAI.