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Mint

PNC Infra, Ashoka Buildcon, IRB Infrastructure others in focus as order inflows are catching pace

Stock Market Today: Ashoka Buildcon, PNC Infratech, IRB Infrastructure and others share prices are in focus as order inflows for road construction that had remained subdued during first quarter are is seeing some improvement.

Business Standard

IRB InVIT to raise Rs 2,667 crore via term loans to refinance existing debt

Post refinancing, roads SPVs to be free of external debt

CNBC TV18

IRB Infrastructure reports 20% growth in August toll collection at ₹503 crore

Shares of IRB Infrastructure Developers Ltd ended at ₹61.95, up by ₹0.040, or 0.065% on the BSE.

Mint

DEBOCK INDUST, Future Supply Chain Solutions & others hit 52 week low today ;Check the full list here?

Following shares hit their 52 week low today - DEBOCK INDUST, Future Supply Chain Solutions, IRB Invit Fund Unt, GSS Infotech, Secur Credentials

Business Standard

IRB Infrastructure Q1FY25 results: Toll collection grew 32%, PAT rises 5%

The company reported a toll collection worth Rs 1,556 crore for the first quarter of the ongoing financial year

Business Standard

IRB Infrastructures Developers Q1 results: Net profit up 5% at Rs 140 cr

IRB Infrastructures Developers Ltd on Friday posted around 5 per cent rise in consolidated profit after tax to Rs 140 crore during June quarter on account of higher income. It had reported a profit after tax (PAT) of Rs 134 crore in the April-June quarter of preceding 2023-24 financial year, the company said in an exchange filing. The company's total income rose to Rs 1,972 crore in the reporting quarter from Rs 1,745 crore in the year-ago period, registering an increase of 13 per cent. In a separate statement, Virendra D. Mhaiskar, Chairman & Managing Director, IRB Infrastructure Developers Limited, said, "It is a promising start for FY25 with the continued robust momentum in toll collection, especially with the newly added assets to our portfolio." The company looks forward for further growth with the government's continued focus on PPP (public private partnerships) projects and several upcoming opportunities in the sector. The company's toll collection for Q1FY25 was at Rs ...

Business Standard

ABB technology selected by Mahindra & Mahindra for new EV paint facility

Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. "Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention," said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop will be able to apply finishes such as contrasting roof and pillar treatments on its new line of EVs in a completely automated ...