IRB Infrastructure shares in focus as December toll collection surges 19%

IRB Infrastructure Developers announced a 19% increase in toll collections for December 2024, reaching Rs 580 crore. The company expects this trend to continue, benefiting from India's GDP growth. The stock has a target price implying a potential upside of 25%. On Thursday, IRB shares closed at Rs 55.5, having declined 18% over the past six months.