The shares of a state-owned financial institution that supports the development of renewable energy and energy efficiency projects in India 7 percent upon following the Q4 results with a 49 percent rise in Profit YoY Price action With a market capitalization of Rs. 47,156.83 crores on Wednesday, the shares of Indian Renewable Energy Development Agency [...]
The shares of this large-cap company surged around 6 percent in Tuesday’s trading session after signing initial pacts with SJVN and GMR Energy for the development and implementation of the 900 MW Upper Karnali hydroelectric project in Nepal. Price Movement: With a market capitalization of Rs. 62,410 crores, the shares of Indian Renewable Energy Development [...]
The shares of this public sector enterprise gained up to 8 percent after the company’s board scheduled a meeting to consider and approve the proposal for fundraising up to Rs 4,500 crore. Indian Renewable Energy Development Agency Ltd has a market capitalization of Rs 69,236.82 crore, the shares were trading at Rs 259.30 per share, [...]
India’s green energy industry is rapidly growing, driven by government initiatives and investment in solar, wind, and hydroelectric power. The country aims to achieve 500 GW of renewable energy capacity by 2030, promoting sustainability and reducing carbon emissions to combat climate change and secure energy independence. The government of India is working towards its vision [...]
India's Public Sector Undertakings (PSUs) play a vital role in the economy, with over 300 central PSUs contributing significantly to various sectors. In FY23, their cumulative profit was around Rs 2.49 lakh crore, showcasing their importance in driving industrial growth, infrastructure development, and socio-economic progress. Here are the PSU stock trading at discount up to [...]
Shares of a public sector renewable energy provider witnessed a decline of nearly 6 percent on BSE to hit an intraday low at Rs. 272.70 on Tuesday, followed by a report from the domestic brokerage firm Phillip Capital representing a 53 percent downside potential for the stock. As of 10:29 a.m., the shares of Indian [...]
On Monday's early trade, shares of this NBFC firm, which provides financial assistance for renewable energy (RE) projects, surged 9% reaching a 52-week high price of Rs 310 per share after the company reported a net profit increase of 30% in Q1FY25. At 11:27 a.m., on Monday’s trade, Indian Renewable Energy Development Agency Ltd (IREDA) [...]
On Monday's early trade, shares of this NBFC firm, which provides financial assistance for renewable energy (RE) projects, surged 6% to ₹202 per share after the company reported a 382% year-on-year growth in loan sanctions. At 10:50 a.m., on Monday’s trade, Indian Renewable Energy Development Agency Ltd (IREDA) shares were trading at ₹197.20 per share, [...]
Share price of one of India’s largest pure-play green financing NBFC moved up by 0.73 percent on BSE to hit an intraday high at Rs. 186.25 in the trading session of Wednesday, compared to its previous closing price of Rs. 184.9. With a market capitalisation of Rs. 49,790.84 crore, Indian Renewable Energy Development Agency (IREDA) [...]
The Indian Public Sector Undertaking (PSU) stocks have been experiencing a significant surge in FY24 and attracting investor attention due to various factors driving their performance. The PSU space in India is witnessing impressive returns across diverse sectors like energy, defence, and infrastructure, with some stocks delivering multibagger returns. In recent periods, the PSU stocks [...]
