Thu, Sep 19, 2024
IREDA share price: IREDA shares in the early morning trade on September 19 surged over 4 per cent to Rs 237.5 after the stake sale by the centre has been given a go-ahead.
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Mon, Jul 01, 2024
Ever since their listing on November 29, shares of IREDA have leaped significantly and consensus recommendation on the stock is 'hold'.
Mon, May 27, 2024
Shares of IREDA, a state-run NBFC firm, have galloped by a significant quantum ever since its listing on November 29, 2023. In today's trade, the company's shares gained ground on strong guidance to become a Maharatna by 2030.
Mon, Apr 29, 2024
"Department of Public Enterprises (DPE) vide its letter dated April 26, 2024 has granted the ‘Navratna status’ to Indian Renewable Energy Development Agency Limited (IREDA)," the company said in a letter to bourses on Monday.
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.
Mon, Feb 19, 2024
The agreement covers joint lending, loan syndication and underwriting, management of Trust and Retention Account (TRA) for IREDA borrowers, and working towards competitive terms of sanction, including pricing on IREDA borrowings.
Thu, Feb 15, 2024
The stock rose for the second day in succession after reports of multiple deals of 1.56 crore shares, which was equivalent to 0.6 equity in the company.
Tue, Jan 23, 2024
Following Prime Minister Modi's unveiling of the "Pradhanmantri Suryoday Yojana" aiming for rooftop solar on 1 crore houses, stocks of solar panel manufacturers and power companies like Tata Power, Borosil Renewables, IREDA, Waaree, and Sterling & Wilson experienced significant gains on Tuesday, January 23rd. Borosil Renewables led the surge with a 14% increase, while Tata Power rose 3%, and IREDA, Waaree, and Sterling & Wilson hit their 5% upper limits. Borosil even reached a new 52-week high, highlighting the market's enthusiasm for the solar initiative.
Fri, Dec 15, 2023
IREDA shares entered the listed space with a bang on November 29, at a premium of 56 per cent over the upper end of the price band of the company’s IPO.
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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