IREDA Share Prices Close 2% Lower Than Opening As Board Convenes Meeting on 15th April

8th April, 2025 / 3:30 PM

IREDA share prices opened at ₹157 today which was 3.65% higher than the closing figures yesterday. However, they have closed at ₹153.85, which is around 2% lower than the former. This comes on the back of the IREDA board convening its next meeting on 15th April, where it is expected to declare its earnings for Q4 along with revealing its updated shareholding pattern.

At midday, the stock was trading at ₹153.74, which was 2.07% lower than the opening price, in a departure from the opening trend. The stock jumped down to ₹152.32 after hitting ₹155.96 and then recovered slightly to the midday numbers. It remains to be seen how IREDA share prices

8th April, 2025 / 12:30 PM

IREDA share prices have touched ₹153.74 at midday, indicating a drop of 2.07% from the opening price of ₹157 today. Incidentally, the latter was 3.65% higher than yesterday’s closing price and it seemed to be the continuation of the trend when the stock closed higher than the opening price on 7th April as well.

The initial high during trading was ₹155.96 after an initial drop, and the lowest point was ₹152.32 before it went slightly upwards again to touch the midday numbers. This reversal in the positive momentum may impact stock prices by the end of the day, along with news of its upcoming board meeting to declare Q4 earnings and shareholding patterns.

8th April, 2025 / 9:30 AM

With IREDA expected to declare its Q4 earnings soon along with revealing its shareholding pattern, there is immense anticipation among investors regarding the stock. This may have led to the share prices opening 3.65% higher today at ₹157 in comparison to the 7th April closing price of ₹151.47. Interestingly, yesterday’s opening price of was a whopping 10.24% lower than the closing price on 4th April, which stood at ₹156.88. However, the stock did recover by midday, touching ₹149.60 and gaining 4.33% over the opening price, before closing at ₹151.47, which was a handsome 7.57% more than the opening price. 

So, today’s opening marks a further consolidation of yesterday’s recovery and gains. However, how it will play out till midday is something that remains to be seen. 

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