IREDA jumps over 6%
By Ruma Dubey
about 10 days ago
IREDA is buzzing on the first day of 2025, rising over 6% to an intraday high at Rs.227.70 while its 52-week high was at Rs.310.
The market has given its business update for the third quarter ended 31st Dec’24. The company sanctioned loans worth Rs.31,087 crore, growth of 129% (YoY). Disbursements rose 41% to Rs.17,236 crore.
Its loan book outstanding was at Rs.69,000 crore, up 36%.
A PSU, financing in the field of renewable energy had got listed in Nov’23 at an IPO price of Rs.32.
201.20 (-14.70)