Tue, Jan 23, 2024
Following Prime Minister Modi's unveiling of the "Pradhanmantri Suryoday Yojana" aiming for rooftop solar on 1 crore houses, stocks of solar panel manufacturers and power companies like Tata Power, Borosil Renewables, IREDA, Waaree, and Sterling & Wilson experienced significant gains on Tuesday, January 23rd. Borosil Renewables led the surge with a 14% increase, while Tata Power rose 3%, and IREDA, Waaree, and Sterling & Wilson hit their 5% upper limits. Borosil even reached a new 52-week high, highlighting the market's enthusiasm for the solar initiative.
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Fri, Dec 15, 2023
IREDA shares entered the listed space with a bang on November 29, at a premium of 56 per cent over the upper end of the price band of the company’s IPO.
Fri, Dec 08, 2023
IREDA shares have been on a tear in recent weeks, hitting a new high of Rs 73.67 on Friday, December 8. This surge comes on the back of heavy volumes, with over 11.2 crore equity shares changing hands on the NSE and BSE. The stock has now doubled investor wealth since its issue price of Rs 32 per share, and has advanced over 47% from its listing price of Rs 50 in just 8 sessions.
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![Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News](http://50342.g72ip.group/sites/default/files/styles/zeebiz_160x90/public/2024/01/23/277284-thumbs-23-january02384113still005.jpg?itok=3swY-rH0 "Solar Stocks Rise on PM's "Suryodaya Yojana": 1 Crore Rooftop Panels Planned | Stock Market News")
