Thu, Aug 22, 2024
The Indian Renewable Energy Development Agency Ltd (IREDA) on Wednesday said its board will consider a proposal to raise up to Rs 4,500 crore through issuance of shares in its meeting on August 29.
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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.
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![Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2024/01/23/277284-thumbs-23-january02384113still005.jpg?itok=3swY-rH0 "Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News")
