IREDA shares snap 4-session losing streak; jump 4% on fundraising plan
The PSU to raise ₹4,500 crore in one or more tranches; GoI stake to be diluted up to 7% via QIP.
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IREDA shares jump 7% on plans to raise ₹4,500 cr
The fundraising is part of IREDA’s plan to raise ₹24,200 crore in FY24-25; it garnered ₹1,500 crore via bonds in June this year.
IREDA shares jump 9% to hit fresh record high post Q1
The multibagger renewable stock has risen nearly 29% in four sessions, while it rallied 63% in just 11 sessions of July.
From ₹190 to ₹304: This PSU stock surges 60% in July; hits all-time high ahead of Q1
The largecap stock, which debuted in November last year, has risen more than 850% against the initial public offering (IPO) price of ₹32 apiece.
IREDA shares zoom 12% after robust Q4 results
Net profit of IREDA jumped 33% to ₹337.38 crore in the fourth quarter compared with ₹253.62 crore in Q4 FY23.
IREDA to raise ₹24,200 cr from debt market in FY25; stock up 3%
The board of directors of IREDA is scheduled to meet on March 28 to consider and approve the borrowing programme for FY25.
IREDA shares fall 4% after NSE revokes inclusion in key indices
The NSE has revoked the inclusion of IREDA in key indices due to its non-compliance with SEBI portfolio concentration norms.
IREDA shares surge 5% on green energy financing pact with Indian Overseas Bank
The MoU also includes provisions for co-lending and co-origination support for all renewable energy projects, says the company.
2024 Ahoy! 57 firms garner ₹49K cr via IPO in 2023; ₹63K cr fundraise lined up for New Year
IREDA, Cyient DLM, Tata Technologies, Netweb Technologies, and Senco Gold are top performers in terms of returns over IPO price.
IREDA plans to raise up to ₹2,000 cr via taxable bonds; stock up 2%
IREDA aims to raise bonds worth ₹500 crore at the base issue, with a green shoe option of up to ₹1,500 crore, aggregating to ₹2,000 crore.
