IRB Infrastructure Developers (BOM:532947)

Add a New Bulls Reason Company: IRB Infrastructure Developers (BOM:532947) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   IRB Infrastructure Developers (IRB-BY)/Bulls/IRB Infrastructure Medium-term target can be Rs 160. Top Contributor: Tanmay Purohit | Created when BOM:532947 was $104.00 | Edit | History IRB is the largest toll road operator in India with 650 km of toll road under its control. Toll-road operation is a more profitable business than simple construction as margins are higher in toll-collection. IRB, in its agreement with Government about toll-sharing, has provided for gradual increase in toll rates, which will keep the revenue stream secure and strong for the company. The stimulus packages from Indian Government have started working and that is already seen by Auto sales in Jan-Feb-March 2009. With increasing vehicles on the road, toll collection looks like a very profitable phenomenon. Any new government will try to improve the road-network in India by laying more roads and having more expressways, Infrastructure is a must for Indian growth story and IRB looks very well positioned to capitalize on it. IRB Infrastructure Medium-term target can be Rs 160. Investors have to accumulate this stock for handsome appreciation and they can look for Rs 210 in a year’s timeframe. http://tanmaygopal.blogspot.com/2009/04/irb-infrastructure-cmp-rs-94-httpwww.html (100 character max) Cancel

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