IREDA Share Prices Retain Midday Trends, Close 1.53% Below Opening

09 April 2025
2 min read
IREDA Share Prices Retain Midday Trends, Close 1.53% Below Opening
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9th April, 2025 / 3:30 PM

IREDA share prices have touched 151.62 at closing, which is 1.53% lower than the opening price of 153.99 for today (9th April). This opening figure was 0.09% higher than yesterday’s closing prices, which marked a positive start, although the midday figures were slightly disappointing at 151.88, which was 1.37% lower than the opening price.

The stock did peak before midday to 154.69 and then plunged sharply to 150.70 prior to moving back to the midday numbers in a slight recovery of sorts. Interestingly, the closing price yesterday was lower than the opening price as well. There are fluctuations for the stock after the board of the company fixed a date for the next meeting (15th April) and uncertainty regarding its Q4 earnings results and shareholding pattern.  

9th April, 2025 / 12:30 PM

IREDA share prices witnessed a turnaround today at opening, starting the day at 153.99, which was about 0.09% more than the closing price of 153.85 yesterday. This came as a breather for investors since the closing price on 8th April was 2% lower than the opening price of 157 for the day. However, by midday, the share prices have touched 151.88, which indicates a drop of 1.37% from the opening figures.

The stock peaked early at 154.69 before witnessing a sharp plunge to 150.70 and then moving up a little to the midday numbers. The stock performance will be in focus, with the board setting a meeting for 15th April, and earnings for Q4 may also be declared on this date.

9th April, 2025 / 9:30 AM

IREDA share prices have been keenly watched by market analysts recently and they have opened today (9th April) at 153.99 which is just 0.09% higher than the closing price of 153.85 yesterday (8th April). Yet, closing prices yesterday were around 2% lower than the opening price of 157 and hence the IREDA stock may have shaken off these downtrends towards making a recovery although it still remains to be seen whether prices will hold till midday. 

The IREDA board has already convened a meeting for 15th April to declare Q4 earnings and reveal the updated shareholding pattern. There may be some anticipation and fluctuations in the build-up to the date. 

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.

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