Midcaps hammered in February, plunge up to 30%. IREDA, Delhivery among biggest losers

Midcaps hammered in February, plunge up to 30%. IREDA, Delhivery among biggest losers

Midcap stocks got hammered through February falling by as much as 30% as investors scurried to book profits or cut losses. The low-key sentiments on D-Street were on account of both the global and local factors. While Donald Trump’s threats on reciprocal tariffs and fears of US economic slowdown weighed on the markets, nearly a … Read more

IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat

IREDA, RVNL among 12 midcap multibaggers since last Diwali. 10 gems for next Samvat

BSE Midcap index has produced 12 gems since last Diwali, each delivering multibagger returns with 26 others yielding double-digit returns of 50% or more. There are 19 duds as well in the pack of 192 stocks which have fallen by up to 50% during this period. The 12 multibaggers are Indian Renewable Energy Development Agency … Read more

Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

Multibagger! IREDA shares climb 5% on signing green power co-finance deal with Indian Overseas Bank

Shares of the state-owned Indian Renewable Energy Development Agency (IREDA) climbed 5% to Rs 125.5 in Wednesday’s trade on BSE after the firm announced a partnership with Indian Overseas Bank (IOB) to co-finance renewable energy projects in India. “Indian Renewable Energy Development Agency and Indian Overseas Bank have joined hands by signing a memorandum of … Read more