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IRB Infra emerges lowest bidder, stock surges 4%

Posted on: June 19th 2009 in Stock News.

IRB Infrastructure Developers has surged on hopes of winning the bid for the NH-15 in Punjab.The stock opened 7% higher at Rs 140 and slipped to a low of Rs 134. Soon it surged 9% to a high of Rs 143. The stock is currently up 4.3% at Rs 137. Over 631,000 shares have been traded on the BS…

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