India's renewables lender IREDA up on block deals

Indian Renewable Energy Development Agency

24/01/2024 07:33

** Shares of Indian Renewable Energy Development Agency
 INAR.NS  rises 5% to a record high of 161.75 rupees
    ** More than 21.3 mln shares change hands in 20 separate
block deals priced in the range of 154.4–161.75 rupees apiece,
as per LSEG data
    ** Stock on track for fourth consecutive session of gains,
if trends hold
    ** Stock's price has jumped more than five times compared
with its offer price of 32 rupees since listing in the last week
of Nov


 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))