IRB INFRA IS GOING TO BLAST!!!IRB INFRA Toll Revenue for the month of June 2024 rises 35% Y-o-Y. More than 34000 cr order book having currently.
Currently IRB Infra moving within a range between 61 to 79. Any side it break give 25% return on breakout.
With a mind long term view at current level is good opportunity to buy near to support level as shown in chart for a target 1 is 80 and then target -2 is 100.
Short term - there is chances to break lower level as market conditions is not doing well.
But once think, 5% increase in toll charges current year and show 32% return in first quarter and in remaining quarter if such performance is there then it will boost the share price may be 150 too.
Mutlibagger
bullish on tata powertata power can be a multibagger in coming years with the help of the recent electricity amendment bill and privatization of power units the stock fundamental can grow exponentially and so will the share prices.
The current central government is trying to pass this bill soon and whereas another reason for the share price to grow is the EV vehicles . In India EV vehicle usage is goona go tremendously through which all the charging units in the country will be managed by TATAPOWER.
lookout at the fundamental potential and buy it!