IREDA shares fell 5% to Rs 159.40 against the previous close of Rs 167.75 on BSE. With today’s correction, IREDA shares have lost 26% from their record high of Rs 215 reached on February 6, 2024
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.