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
State-run Indian Renewable Energy Development Agency (IREDA) on Thursday reported a net profit of Rs 388 crore for the quarter ended September 30, 2024 which was up 36% over Rs 285 crore reported by the company in the year ago period. Revenue from operations in Q2FY25 stood at Rs 1,629 crore which was up by … Read more
Benchmark indices closed higher for the third straight session on Friday. The 30-share Sensex climbed 190 points to settle at 72,831 and the Nifty advanced 84 points to 22,096. Stocks that were in focus include names like IREDA, which rose 5%, Infosys, which declined 3%, and Wipro, whose shares fell 2.5% on Friday. Here’s what … Read more
Fiscal year 2023-2024 saw as many as 88 companies accessing the public markets and most of them made robust debuts. Around 70% of the issues that hit the markets in FY24, are still trading above the issue price. Here are the top 5 performing IPOs in the year. . Source link
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
Pradip Kumar Das, CMD, IREDA, says “keeping in mind the nuances and intricacies of renewable energy, we have maintained a steady growth. So having a higher name and adding NPA does not sound good. Our NPA has been drastically reduced in the last three years. Our loan book has enhanced more than double in three … Read more