IREDA share price rises 2% following THIS business update. Check details
Stock Market Today: Indian Renewable Energy Development Agency (IREDA) share price gained more than 2% in the morning trade on Tuesday, July 1, following the provisional business update for the quarter ended June 30.
IREDA, post-market hours on Monday, reported its provisional business performance wherein it reported a total loan sanctioned by IREDA during the quarter was ₹11,740 crore during April-June 2025 quarter, grew 29% year on year compared to ₹9,136 crore in the same quarter last year.
Loan disbursements, on the other hand, were at ₹6,981 crore by IREDA during the April-June 2025 quarter, which marked 31% year-on-year growth when compared to ₹5,326 reported by IREDA in the same quarter a year ago.
IREDA also reported a…