India's renewables lender IREDA jumps on block deals

Indian Renewable Energy Development Agency

08/12/2023 08:10

** Shares of Indian Renewable Energy Development Agency
 INAR.NS  rise as much as 14.8 % to a record high of 73.7 rupees
    ** More than 8.7 mln shares change hands in 11 separate
block deals priced in the range of 65.4–73.5 rupees per piece,
as per LSEG data
    ** Stock clocks 3 consecutive session of gains
    ** The stocks price has more than doubled to 70.1 rupees vs
its offer price of 32 rupees since listing in the last week of
Nov.

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))