Mon, May 27, 2024
Why strong action in IREDA? How will be the growth of IREDA in future? What is the biggest trigger for the future? See complete details in this video.
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Tue, Apr 02, 2024
Indian Renewable Energy Development Agency (IREDA) witnessed a 5% surge in its stock price on April 2 following impressive quarterly business updates. Notably, IREDA sanctioned loans worth Rs 37,354 crore for FY 2023-24, representing a 14.63% increase from the previous year.
The company has disbursed loans worth Rs 25,089 crore during the fiscal year. This has led to a robust growth of 26.71 per cent in the loan book, which now stands at Rs 59,650 crore.
Fri, Dec 08, 2023
IREDA shares have been on a tear in recent weeks, hitting a new high of Rs 73.67 on Friday, December 8. This surge comes on the back of heavy volumes, with over 11.2 crore equity shares changing hands on the NSE and BSE. The stock has now doubled investor wealth since its issue price of Rs 32 per share, and has advanced over 47% from its listing price of Rs 50 in just 8 sessions.
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