IREDA Stock Soars 7% After Major Rs 4,500-Crore Fundraising Announcement!

In Short IREDA's stock has seen a notable 7% rise, driven by the announcement of a potential Rs 4,500-crore fundraising initiative. This move, which includes options such as a qualified institutional placement (QIP) or a rights issue, is set to be reviewed in a board meeting scheduled for August 29. The surge reflects strong investor confidence, bolstered…

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