Indian Renewable Energy Development Agency is currently trading at Rs. 233.90, up by 10.65 points or 4.77% from its previous closing of Rs. 223.25 on the BSE.
The scrip opened at Rs. 228.10 and has touched a high and low of Rs. 239.35 and Rs. 228.10 respectively. So far 3120604 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 310.00 on 15-Jul-2024 and a 52 week low of Rs. 49.99 on 29-Nov-2023.
Last one week high and low of the scrip stood at Rs. 239.35 and Rs. 220.65 respectively. The current market cap of the company is Rs. 63498.44 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 3.12% and 21.88% respectively.
Indian Renewable Energy Development Agency (IREDA) has entered into a Memorandum of Understanding (MoU) with SJVN, GMR Energy, and their associated companies to facilitate the development of a 900 MW hydroelectric project in Nepal. The Upper Karnali Hydro-electric Project, situated in Nepal, will be the focal point of this collaboration, aimed at enhancing regional energy security by expanding renewable energy infrastructure in the region.
IREDA’s role in the MoU includes providing assistance in both the development and implementation phases of the project. The partnership is expected to have a significant impact on the renewable energy landscape, contributing to the growth of hydropower in Nepal and fostering energy cooperation between India and its neighbour.
IREDA is a Public Limited Government Company established as a Non-Banking Financial Institution in 1987 engaged in promoting, developing and extending financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation with the motto: ‘Energy For Ever’.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: