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IREDA is currently trading at Rs. 145.05, up by 6.95 points or 5.03% from its previous closing of Rs. 138.10 on the BSE.

The scrip opened at Rs. 140.15 and has touched a high and low of Rs. 145.30 and Rs. 140.00 respectively. So far 848871 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. 124.50 on 20-Mar-2024.

Last one week high and low of the scrip stood at Rs. 145.30 and Rs. 137.00 respectively. The current market cap of the company is Rs. 38905.39 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 2.48% and 22.51% respectively.

Indian Renewable Energy Development Agency’s (IREDA) board of directors has approved the enhancement of Borrowing programme for FY 2024-25 by Rs 5,000 crore through Taxable Bonds/ Sub-ordinated Tier-II Bonds/Perpetual Debt Instruments (PDI) /Term loan from Banks and FI’s /Lines of credit from international agencies (multilateral and bilateral agencies) /External Commercial Borrowings (ECB)/Short term loans & WCDL from Bank.

The borrowing limit for FY 2024-25 has been increased from Rs 24,200 crore to Rs 29,200 crore.

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’.