IREDA Share Worth: PSU inventory tumbles 6% put up Q1 earnings – Verify particulars
IREDA Share Worth: The 52-week excessive of the inventory is Rs 310, which was achieved on July 15, 2024. The counter has a 52-week low of Rs 137.01, touched on March 17, 2025.
Shares of state-owned Indian Renewable Power Improvement Company (IREDA) tumbled over 6 per cent on Friday, i.e. on June 11, 2025, after the navratna PSU reported a 36 per cent decline in its web revenue. The counter opened with a lack of 6.25 per cent at Rs 159.05 towards the earlier shut of Rs 169.65 on the BSE amid a spurt in quantity of greater than 3.09 instances. On the Nationwide Inventory Change (NSE), the scrip started buying and selling at Rs 161. It had closed at Rs 169.64 within the earlier buying and selling session. Final seen, it traded at 161.11, with a 5.03 per cent dip.
The 52-week excessive of the inventory is Rs 310, which was achieved on July 15, 2024. The counter has a 52-week low of Rs 137.01, touched on March 17, 2025.
Technically, the counter trades decrease than the 5-day, 20-day, 50-day, 100-day and 200-day transferring averages
IREDA Quarterly Outcomes
The PSU has introduced its quarterly outcomes for the April-June quarter, reporting a 36 per cent decline in its web revenue to Rs 247 crore in comparison with the identical interval final yr. The autumn in revenue has been attributed to increased bills. IREDA had posted a web revenue of Rs 384 crore in the identical quarter a yr in the past, a BSE submitting confirmed.
Nevertheless, the corporate’s income from operations elevated to Rs 1,947 crore within the quarter into consideration, in comparison with Rs 1,510 crore in the identical interval final yr.
The entire expense rose to Rs 1,655 crore within the quarter from Rs 1,034.96 crore in the identical interval a yr in the past.
Equally, the mortgage ebook of the navratna PUS has elevated to Rs 79,941 crore in comparison with Rs 63,207 crore a yr in the past.
The corporate’s mortgage sanctions elevated to Rs 11,740 crore, up from Rs 9,136 crore within the corresponding interval a yr in the past, whereas mortgage disbursements rose to Rs 6,980 crore from Rs 5,325 crore.
IREDA Share Worth Historical past
In accordance with BSE Analytics, the inventory has yielded a detrimental return of 43 per cent in a single yr, in comparison with a achieve of three.50 per cent within the benchmark index. Up to now this yr, the inventory has corrected 27.91 per cent.
(This text is for informational functions solely and shouldn’t be construed as funding, monetary, or different recommendation.)
