India's IREDA extends gains on rise in loans sanctioned, disbursed in Q4

Indian Renewable Energy Development Agency

03/04/2024 07:36

** Shares of Indian Renewable Energy Development Agency
(IREDA)  INAR.NS  up 5% at 157.20 rupees
    ** Renewables lender said on Monday its loans sanctioned
more than doubled in the March qtr, while disbursements climbed
14%
    ** IREDA up 5% for three straight sessions, its best 3-day
run since late January
    ** Stock has more than doubled in value since its listing on
Dec. 1, 2023
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))