GAGA Share Market News

[hfe_template id='11223'] [ad_1] Shares of Indian Renewable Energy Development Agency (IREDA) will be in focus on Wednesday after the company reported a 49% year-on-year (YoY) rise in its consolidated net profit for the March quarter to Rs 502 crore, compared to Rs 337 crore in the same period last year. The total revenue from operations in Q4FY25 stood at Rs 1,905 crore which was up 37% over Rs 1,391 crore reported in the corresponding quarter of the last financial year. On a sequential basis, the profit after tax (PAT) surged 18% against Rs 425 crore posted by the NBFC in Q3FY25. The bottomline was up 12% on the quarter-on-quarter basis versus Rs 1,698 crore in the October-December quarter of FY25. The earnings were announced after market hours and IREDA shares today closed with 9% gains on the NSE at Rs 168.16 apiece. The company earned Rs 1,862 crore as interest income in the January-March quarter versus Rs 1,329 crore in the year ago period. In the previous quarter,...

[hfe_template id='11223'] [ad_1] The shares of the Indian Renewable Energy Development Agency (IREDA) jumped 4% to their day’s high of Rs 176.80 on the BSE on March 25, ahead of the company’s board meeting, which is scheduled later today to consider matters related to its borrowing plan for FY 2025-26. “In compliance with Regulation 29 & 50(1) of SEBI (Listing and Disclosure Requirements) Regulations 2015, this is to inform that the Board meeting of Indian Renewable Energy Development Agency Limited will be held on Tuesday, March 25, 2025, inter alia, to consider the matter regarding the Borrowing Plan for FY 2025-26,” the company had said in a previous filing to the stock exchanges. Earlier last week, the company also approved a Rs 5,000 crore enhancement to the borrowing program for FY 2024-25, to which the stock had reacted positively. According to the official statement, the additional borrowing will be secured through a range of instruments, including taxable bo...

[hfe_template id='11223'] [ad_1] Domestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. In today's trading, shares of NTPC, IREDA, SpiceJet, Nazara Tech, GE T&D India, and Power Grid, among others, will be in focus due to various news developments. IREDA The Indian Renewable Energy Development Agency (IREDA) has received approval from the Union government to raise funds by selling fresh equity through a Qualified Institutions Placement (QIP). Nazara Technologies Nazara Technologies, India’s leading diversified gaming and sports media company, announced its largest fundraise of Rs 900 crore to boost its growth trajectory. SpiceJet Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder View Program Stock Trading Market 103:...