Stock in News - IREDA

IREDA share price jumps another 8.4% to reach 3-week high; rebounds 21% in March so far IREDA, India’s leading green financing NBFC, saw its share price rise for the second consecutive trading session on Monday, March 24, jumping 8.4% to hit a 3-week high of ₹167.90 per share on the back of a strong spike in volumes. The stock ended last week with a gain of nearly 11%, marking its biggest weekly gain of the year so far. The state-owned company last week launched its first-ever perpetual bonds to raise ₹1,247 crore at an annual coupon rate of 8.40%, aiming to optimize its capital structure while leveraging favorable market conditions.