IREDA shares rise 370% from 52-week low, fresh price targets for the multibagger stock
In the current session, the stock was trading on a flat note at Rs 234.15 against the previous close of Rs 233.75.
IREDA Share Price: Multibagger PSU Stock In Focus On Q2 Earnings; To Set Up Retail Business Subsidiary; Check
The shares of the Indian Renewable Energy Development Agency (IREDA) continued their upward march, gaining over 1% in a weaker market, as investors celebrated the PSU’s robust fiscal second-quarter earnings.
IREDA share price up 3% as Q2 profit climbs 36% YoY; details here
The state-owned company, on Thursday, reported a 36 per cent rise in profit after tax, reaching Rs 387.7 crore for the September quarter (Q2FY25), compared to Rs 284.7 crore in Q2FY24
IREDA Share Price: Expert's take on PSU stock after Q2 FY 2024-25 results, retail business approval
Shares of state-run IREDA are trading at a discount of nearly 25 per cent from its record high of Rs 310. The PSU reported its Q2 FY25 results on Thursday, October 10 and also announced that it received a major approval to establish a wholly-owned subsidiary for its retail business.
IREDA share price in focus post Q2 results; to set up wholly owned subsidiary for retail business; Buy or Sell?
Indian Renewable Energy Development Agency reported net profit growth of 36% year-on-year during Q2FY25. It also announced receiving approval from DIPAM and Ministry of New and Renewable Energy for setting up of wholly owned subsidiary for retail business.
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IREDA gets DIPAM nod to set up subsidiary to handle retail, B2B biz in RE segment
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IREDA shares are down 26% from record high but analysts are bullish, here's why
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