IRB Infrastructure surges on bonus announcement. The road infrastructure company's stock jumped 9 percent on the National Stock Exchange as it began trading ex-bonus on Monday. Under the 1:1 bonus structure, eligible shareholders receive one additional share for every share held, effectively doubling their holdings post-allotment while the share price adjusts proportionately downward. The stock traded at 22.25 rupees, up 1.78 rupees from its adjusted previous close of 40.93 rupees, with traded volume reaching 407.98 lakh shares worth 90.57 crore rupees. This marks IRB Infrastructure's first bonus issue following shareholder approval in February 2026. The company operates in India's highway infrastructure sector with a market capitalization of 26,849 crore rupees and a 52-week trading range between 19.15 and 27.14 rupees per share.
