IREDA Witnesses 1.40% Drop in Share Prices At Closing

March 25, 2025 / 3:30 PM

IREDA shares closed at ₹168.10, which is 1.40% lower than the opening price of ₹170.50 on March 25. At midday, the stock was trading at ₹171.36 after a few positive trading sessions. After a mostly flat-line pattern, it peaked at ₹176.47, before witnessing fluctuating upward and downward movements, falling to ₹169.26 and finally stabilizing to the midday figure.

The opening price today was 0.27% more than the March 24 closing price of ₹170.04. At the same time, the March 24 opening price was ₹156.35 which was lower than the closing price of ₹154.82 on March 21. Yet, on March 21, the opening price was ₹149.96 and the stock opened above its closing price for two straight days in succession. It remains to be seen how it opens tomorrow. 

March 25, 2025 / 12:30 PM

After opening at ₹170.50 on March 25, IREDA share prices touched ₹171.36 at midday, marking an overall growth in the first few trading sessions. After an initial flat-line trend, the stock price peaked at ₹176.47, before witnessing upward and downward troughs (mostly positive. It did fall to ₹169.26 before moving upwards again to the current level.

Shares have increased about 28% in six sessions and some of the surge may be attributed to the momentum ahead of the board meeting slated for tomorrow. The board meeting is geared towards firming up the borrowing plans for the entity and this could put the stock at an advantage going forward.

March 25, 2025 / 9:30 AM

IREDA share prices opened 0.27% higher today than the closing price on March 24 (₹170.04) at ₹170.50. This is heartening for investors and points at increased activity throughout the trading day, driven by positive sentiments regarding the stock and also the revised priority sector lending guidelines of the REBI for the renewable energy sector. Yet, the opening price on March 24 was ₹156.35, which was substantially lower than the closing price. 

However, it was higher than the closing price on March 21, i.e. ₹154.82, while the opening price on this date was ₹149.96. Hence, the stock has opened above the closing price for two straight days in succession. It remains to be seen how it plays out over the course of the trading session today, i.e. March 25. 

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