IRB Infrastructure shares drop 13% to hit a 3-week low on large block deal

IRB Infrastructure's share price fell by 13% as a result of a block deal involving 225 million shares. The sellers are IRB Holding Pvt. Ltd. and Deepali Virendra Mhaiskar. The offer price ranges from ₹63.0 to ₹72.7 per share.

DNA News Desk DNA News Desk
May 30, 2024 - 10:22
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IRB Infrastructure shares drop 13% to hit a 3-week low on large block deal
IRB Infrastructure's share price fell by 13% as a result of a block deal involving 225 million shares. The sellers are IRB Holding Pvt. Ltd. and Deepali Virendra Mhaiskar. The offer price ranges from ₹63.0 to ₹72.7 per share.