Here’s a quick look at stocks likely to be in focus in today’s trade. Zomato and One 97 Communications: Zomato has made a significant leap into the entertainment sector by acquiring Paytm’s ticketing business for ₹2,048.4 crore ($244 million). This acquisition includes Paytm’s ‘TicketNew’ and ‘Insider’ platforms, which focus on movie and live event ticketing, …
Indian Renewable Energy Development Agency Ltd. on Friday reported a 30% increase in its net profit on a yearly basis, for the first quarter of the financial year ending March 2025. The non-banking financial institution reported a bottom line of Rs 384 crore in the April-June quarter, as compared to Rs 295 crore registered during …
12 Jul 2024, 07:37 PM IST IREDA Q1 Results 2024 Live: Loan growth likely stronger than Q4 12 Jul 2024, 06:42 PM IST IRED Q1 Results 2024 Live: Brokerage expects strong Q1 scorecard Brokerage firms, tracking the stock, expect the company to report a strong set of numbers on a yearly basis. However, they are …
Updated Jul 9, 2024 15:01 IST IREDA shares on Tuesday hit a new 52-week high. (Pic: Shutterstock/ET NOW) IREDA Share Price Target 2024: IREDA shares in an upward trend for the past few sessions, provides investors with an opportunity to profit from rising prices. On Tuesday, the PSU stock once again made a new high …
State-owned Indian Renewable Energy Development Agency’s (Ireda’s) chairman and managing director Pradip Kumar Das has announced that the company has requested the government to allow it to carry out a follow-on public offer (FPO) as it will need further equity infusion to maintain the pace of growth. The FPO would aim to raise between Rs …
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, hitting a new record high …
Union Budget 2024: The Indian market is experiencing relentless bullish momentum characterized by a series of record highs, frequent milestone achievements, and the establishment of new benchmarks. On Thursday, June 27, the benchmark Nifty breached the 24,000 mark for the first time. Continuing the rally, the Nifty reached 24,100 points, hitting a new record high …
New Delhi: Indian Renewable Energy Development Agency (IREDA) is planning to launch a follow-on public offering (FPO) amid rising financing opportunities in the energy transition space and to bolster the company’s growth. In a press interaction on Tuesday, IREDA chairman and managing director (CMD) Pradip Kumar Das said that with plans to expand its loan …
Companies like REC Ltd. and Power Finance Corporation (PFC) Ltd. will have no impact on their profitability due to the draft RBI guidelines on project financing, brokerage firm CLSA wrote in its note. The overall impact, according to CLSA, will be on their capital adequacy ratios, the brokerage wrote in its note. CLSA said that …
Shares of REC Ltd., Power Finance Corporation Ltd. (PFC) are down as much as 12% on Monday and have given up most of the gains they made last week. Both stocks had hit a record high in the week gone by. The move comes after Reserve Bank of India’s draft guidelines on project financing, which …