IREDA share price hits 20% upper limit, rises 166% above IPO price

IREDA share price hits 20% upper limit, rises 166% above IPO price

The shares of Indian Renewable Energy Development Agency (IREDA) rose over 19.97% on Monday’s trading session to ₹85 per share on NSE. This remarkable uptick was accompanied by substantial trading volumes, and the stock witnessed exclusive buyer interest. Over the last two trading days, the shares of IREDA recorded an impressive rally of 32%. The …

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GMP rises as issue subscribed nearly 40 times so far on last day

GMP rises as issue subscribed nearly 40 times so far on last day

The initial public offer (IPO) of state-run Indian Renewable Energy Development Agency (IREDA) was subscribed a strong 38.75 times so far on the third and final day of the bidding process on Thursday. This was led by massive subscription from qualified institutional buyers at 104.57 times. The NII category was also not too behind with …

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