Tag: IREDA

IREDA shares reach all-time high before today’s Q1 results release. As PSU’s stock rises 25% in three days, should you buy?

July 12, 2024 Santhi No Comments

IREDA shares: For the past three sessions, the stock price of Indian Renewable Energy Development Agency (IREDA) Limited has been significantly rising. The price of an IREDA share on the NSE has risen by a significant 25% in just three days, from ₹240.53 to ₹303.70 a share. This rising trend implies that IREDA’s stock still…

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IREDA’s shares rise 6%, surpass Rs 200 in the first transaction; Verify specifics

July 1, 2024July 1, 2024 Santhi No Comments

Indian Renewable Energy Development Agency (IREDA) shares increased 6% in early trading today following the company’s announcement that loan sanctions increased by 382.62% year over year (YoY) to Rs 9,136 crore in the June 2024 quarter compared to Rs 1,893 crore in the June 2023 quarter. Loan disbursements increased to Rs 5,320 crore in the…

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IREDA shares soared 253% in 4 months; is further growth limited?

April 6, 2024April 6, 2024 Santhi No Comments

IREDA shares: Since hitting a yearly low of Rs 49.99 on November 29 of last year, shares of Indian Renewable Energy Development Agency Ltd. (IREDA) have increased by 253%. The BSE and NSE changed the circuit filter limit for the state-run green energy player to 20% from 5% previously, and as a result, the renewable…

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IREDA shares under spotlight before board meeting for fundraising initiatives today

March 22, 2024 Santhi No Comments

IREDA shares: The Indian Renewable Energy Development Agency Ltd. (IREDA) stock will be closely watched on Friday, as the board of the company is expected to discuss strategies for obtaining capital from both local and foreign sources. The recently listed PSU player disclosed this information on Thursday through an exchange filing. IREDA shares under spotlight…

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