IREDA Share Prices Finally Close 7.57% Higher than Opening Figures in Major Relief for Investors

7th April, 2025 / 3:30 PM

In a major relief for investors, IREDA share prices closed at ₹151.47 today, which is 7.57% higher than the opening price of ₹140.80. Despite news of its first-ever perpetual bond issue to raise funds and other project-based developments, the share prices tanked hugely by 10.24% at opening today, in comparison to the closing price of ₹156.88 on 4th April. On the latter date, the opening price of ₹162.07 was higher than the closing price on 3rd April, i.e., ₹161.51.

At midday, the shares were trading at ₹146.90, having made up lost ground and gained 4.33% from the opening price. This came after an initial rise and then a fall to ₹143.76 before peaking

7th April, 2025 / 12:30 PM

IREDA share prices had a huge fall today (7th April), opening at ₹140.80, which was about 10.24% lower than the closing price of ₹156.88 on 4th April. However, they seem to have made up some lost ground, touching ₹146.90 at midday, which indicates growth of 4.33% from the opening figures. Does this point at a recovery by the end of the day? It remains to be seen how the stock behaves after the onset of bearish trends and broader sectoral challenges being seen in recent times.

In fact, after increasing a little initially, the share prices again slumped down to ₹143.76 before peaking once at ₹148.64. It has been a journey of peaks and troughs for the stock which is now slightly slumping downwards to reach the midday figure. 

7th April, 2025 / 9:30 AM

IREDA share prices have got off to a tumultuous start, declining by a whopping 10.24% from the closing price of ₹156.88 on 4th April and touching ₹140.80 at opening today (7th April). Interestingly, the share prices closed 3.20% lower than the opening price of ₹162.07 on 4th April. This was higher than the closing price on 3rd April, i.e. ₹161.51. At the same time, the opening price of ₹158.50 on 3rd April was lower than the closing price of ₹161.42 on 2nd April. This is the trend that has been repeated today. 

Despite IREDA making news for its increasing loan book of ₹47,453 crore, the stock demonstrated a declining trend on the 4th of April and today, the opening figures have been way off the mark in terms of analysts’ expectations. 

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