Shares of this midcap company jumped upto 11 percent in Monday’s trading session after reporting a 33 percent increase in net profits during Q4FY24. The shares have delivered a multibagger return of 186 percent to its shareholders in six months. With a market capitalization of Rs. 46,216 crores, the shares of Indian Renewable Energy Development [...]
Shares of this midcap company fell around 8 percent in Monday’s trading session after three mutual funds exited in March. In five trading sessions, the stock has given a negative return of 12 percent to its shareholders. With a market capitalization of Rs. 43,004 crores, the shares of Indian Renewable Energy Development Agency Ltd (IREDA) [...]
Share price of this multibagger renewable energy stock hit 5% upper circuit to Rs. 149.75 in the morning trading session of Tuesday, compared to its previous close of Rs. 142.65, after the company announced strong Q4 business updates. With a market capitalisation of Rs. 40,249 crores, at 11:18 a.m. the shares of Indian Renewable Energy [...]
Green energy, also known as renewable energy, encompasses sustainable sources like solar, wind, hydroelectric, and geothermal power. With increasing environmental concerns and the desire for energy independence, the global shift towards green energy has gained momentum, offering cleaner alternatives to traditional fossil fuels while reducing carbon emissions and combating climate change. Here are three green [...]
PSU stock engaged in promoting, developing, and extending financial assistance for renewable energy (RE) projects and many more hit a 5 percent upper circuit in the day’s trade following the announcement to consider raising funds of upto Rs. 24,200 Crores With a market capitalization of Rs.37,266 Crores, the shares of Indian Renewable Energy Development Agency [...]
The shares of the renewable energy provider fell up to 4 percent after the Index Maintenace Sub-Committee of the National Stock Exchange revoked the inclusion of the company in several key indices. With a market capitalization of Rs 33,879.27 crore, the shares of Indian Renewable Energy Development Agency Ltd were trading at Rs 126.05 per [...]
“Small-cap Funds” are usually known as the Funds that invest predominantly in small-cap stocks with a very small portion invested in higher market cap categories. Small-cap stocks are typically focused companies with little diversification in the core business and a single line of business. Recently, Ms. Madhabi Puri Buch, Chief of the Securities and Exchange [...]
Returns on investment, a critical metric in finance, quantify the profitability of an investment over a specified period. It gauges the performance, measures gains or losses, and aids investors in evaluating the effectiveness of their capital deployment, crucial for informed decision-making and portfolio management. Multibagger returns, a term often used in investment, signify an exceptional [...]
On Monday, Mini Ratna stock soared up 2 percent after signing a Memorandum of Understanding (MoU) with Punjab National Bank (PNB). With a market capitalization of ₹47,922.84 crores, the Indian Renewable Energy Development Agency (IREDA) stock price rose by 2 percent from its previous close of ₹178 per share to an intraday high of ₹182 [...]
Shares of this PSU company jumped around 3 percent in Wednesday’s trading session after signing a Memorandum of Understanding (MoU) with Indian Overseas Bank. The company was recently listed at Rs. 50 per share i.e., 56.25 percent higher than the issue price of Rs. 32. With a market capitalisation of Rs. 32,925 crores, the shares [...]
