Shares of Indian Renewable Energy Development Agency Ltd (IREDA) rose about 2% after its December-quarter (Q3FY26) results showed a strong 38% jump in net profit to ₹585 crore, aided by robust interest income growth and a slower rise in funding costs. Interest income climbed 25% year-on-year to ₹2,130 crore, while the cost of funds rose…
IREDA Share Price: After huge earnings, the share gradually became a big wealth destroyer… highlights IREDA’s share price surged on Monday, January 12, following strong third quarter financial results. The company reported a huge 15.4% year-on-year increase in net profit at Rs 1,381.36 crore, while revenue from operations grew 28.2%. Should you buy the stock…
Shares of Indian Renewable Energy Development Agency (IREDA) jumped up to 4% in intraday deals on Monday, January 12, following the announcement of its third quarter results for FY26. PSU stock IREDA rose as much as 4.13% to the day’s high of 142.30 apiece. As of 9.55 am, it was trading at 139.80, up 2.3%…
stock market today: The Indian stock market is likely to begin Monday, January 12, on a flat-to-positive note, supported by gains across Asian markets and developments related to the ongoing US–Iran conflict. However, early cues from Gift Nifty suggested a largely flat start, with the index trading at 25,809.50, down about 7.5 points, or 0.1%,…
IREDA share price jumped nearly 2% in intraday trade on Thursday, January 1, after the company posted a strong business update for the December quarter of the financial year 2025-26 (Q3 FY26). The PSU stock gained as much as 1.7% to 142.30 apiece in the early morning session on Thursday. However, the stock gave up…
In July 2024, IREDA shares had reached its all-time high of ₹310. At that time it was almost 10 times higher than the IPO price of ₹32. However, despite such a huge fall, the stock is still more than four times above its issue price. The government held 71.76% stake in the company as of…
