ireda renewable energy stock up 6 times over ipo issue price share price bse nse

Indian Renewable Energy Development Agency (IREDA)- the Navratna PSU banal is successful enactment successful Thursday's commercialized (November 28). The banal has continued with its upward trajectory for the 5th league successful a enactment arsenic with gains touching astir 15 per cent taking today's time precocious terms into account.

The gains travel arsenic astir PSUs proceed to summation and contempt the broader Nifty scale slumping successful commercialized today.

At astir 12:48 pm, the stock was up implicit 4 per cent astatine 205.75, portion astatine the day's precocious it scaled to Rs 213 per stock level connected the BSE.

The banal marked its all-time precocious terms of Rs 310 connected July 15 and since past has corrected implicit 31 per cent. But the caller spike follows akin trajectory successful astir different PSU stocks.

Notably adjacent arsenic the header Nifty50 scale past traded with a steep chopped of implicit 1 per cent, Nifty PSE scale successful examination was down by a tad.

As per the Trendlyne data, of the 2 analysts tracking the stock-the statement proposal is of 'hold', with 1 giving a beardown merchantability and the different beardown bargain recommendation.