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IREDA share price rises 6% to fresh record high ahead of Q1 results

IREDA share price: In the previous session, the stock was up over 17 per cent to hit a fresh record high of ₹289.33 on NSE.

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Shares of the Indian Renewable Energy Development Agency (IREDA) rose over 6 per cent to hit a fresh record high of ₹303.70 today (July 12) ahead of the its first quarter earnings. In the previous session, the stock was up over 17 per cent to hit a fresh record high of ₹289.33 on NSE. It closed 12 per cent higher at 278.95 on July 11.

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IREDA’s shares had made their stock market debut in November last year at a price of ₹32 per share. Since then, the stock has gained more than 9x from its IPO price, and has now crossed levels of ₹300.

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