IREDA shares surged after Q1 2024 results, opening at ₹300 and hitting a new high of ₹310 on NSE.
IREDA share price hit an intraday and lifetime high post Q1 results, reflecting strong market confidence.
Better-than-expected Q1 2024 results led to a meteoric rise in IREDA shares. Market abuzz with anticipation.
IREDA's PAT rose 30% YoY to ₹383.69 crore, boosting investor confidence.
Revenue from operations grew over 32% YoY in Q1 2024, reflecting robust business performance.
IREDA reported a 386% YoY rise in sanctioned loans, indicating strong demand in renewable energy.
Market anticipates renewable energy subsidies in the 2024 budget, potentially boosting IREDA shares.