IREDA shares jump 9% on Rs 4,500 crore fundraising plan

IREDA Share Price: IREDA's shares jumped nearly 9% following news that its board would discuss raising Rs 4,500 crore through multiple funding options. The stock has surged 700% since its November 2023 listing. In the recent quarter, the company reported substantial increases in revenue, profit, and loan book size, reflecting robust financial performance.