May 26, 2024, 09:52:45 AM IST Mutual fund managers continuously add or subtract stocks from their portfolios to generate better returns. Here are the top 10 midcap stocks sold by mutual funds in April, according to a report by ICICI Direct Research. Agencies MFs held 3 lakh shares of Patanjali Foods in April against 5 … 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
Pradip Kumar Das, Chairman and Managing Director of IREDA, highlighted the significant growth the organization has witnessed in the renewable energy sector over the past three years. He emphasized that while solar energy has been a major focus, with a substantial increase of 28 times, the loan portfolio in this sector has slightly decreased to … Read more
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
State-owned companies have played a significant role in the BSE Sensex reaching the milestone of 70,000 points. The market capitalization of listed government assets almost doubled to around Rs 46.4 lakh crore for the final 10,000 points addition to Sensex. This surge in value has outperformed even leading private companies like Tata Group, Reliance, and … Read more
Mumbai: Shares of Tata Technologies, the first Tata Group initial share sale in two decades, more than doubled from their issue price on listing Thursday, even outshining the dazzling debuts of Gandhar Oil Refinery and green-energy financier Ireda in evident demonstration of undiminished appetite for quality primary offerings where supply massively trailed demand. The sole … Read more
Mumbai: Shares of state-owned green energy financier, Indian Renewable Energy Development Authority (IREDA), were locked in the upper circuit, or their daily permissible limit, on the stock-market debut Wednesday, mirroring the broader optimism that propelled the biggest benchmark index to reclaim 20,000 levels after nearly two months and underscoring undiminished investor appetite for new offerings … 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
GIFT Nifty on the NSE IX traded 24 points, or 0.12 per cent, higher at 20,151.5, signaling that Dalal Street was headed for positive start on Wednesday. Here’s a slew of stocks that will be in focus today for various reasons. ZomatoChinese payments group Alipay plans to sell its 3.4% stake in food delivery giant … Read more
BENGALURU: Shares of Indian Renewable Energy Development Agency (IREDA) surged as much as 74% in their trading debut on Wednesday, valuing the state-owned firm at 149.71 billion rupees ($1.80 billion).The stock, which listed at 50 rupees, climbed to a high of 55.70 rupees, and has so far in the session stayed above its initial public … Read more