After a post-listing surge of over 100 percent, shares of Indian Renewable Energy Development Agency (IREDA) witnessed some consolidation in December last year.
IREDA shares witnessed a decline of 7.78%, reaching ₹101.30 apiece in today s trade, marking the stock s second consecutive day of decline. The stock made its debut on Indian exchanges on November 29, listing at ₹60 apiece, against its issue price of ₹32.
Shares of Indian Renewable Energy Development Agency Ltd (IREDA) fell over 7% in early trade amid a rally in the broader market today. IREDA stock slipped 7.5% to Rs 101.60 on BSE today. The firm saw 47.75 lakh shares changing hands amounting to a turnover of Rs 49.39 crore on BSE. Market cap of the firm fell to Rs 27,404 crore. At 11:18 am, the stock was trading 7.18% lower at Rs 101.96 on BSE.
Shares of Indian Renewable Energy Development Agency Ltd (IREDA) fell up to 4% on Wednesday after the NBFC said it was planning to raise unsecured, redeemable, non-convertible, non-cumulative, taxable bonds amounting to Rs 500 crore. IREDA stock slipped 3.80% to Rs 108.15 on BSE today. The firm saw 18.36 lakh shares changing hands amounting to a turnover of Rs 20.41 crore on BSE. Market cap of the firm fell to Rs 29,697 crore. At 11:35 am, the stock was trading 1.73% lower at Rs 110.49 on BSE.