
IREDA Stock Surges 4% as Board Approves ₹5,000 Crore Borrowing Limit Hike for FY25
- Stock Movement: IREDA shares jumped up to 3.60% in Tuesday’s trading session.
- Board Approval: The company’s board approved increasing the borrowing limit by ₹5,000 crore for FY 2024-25.
- Market Impact: The move is expected to strengthen IREDA’s financial capacity for renewable energy funding.
- Investor Advisory: Investors are advised to consult certified experts before making investment decisions.
(This is a developing story.)