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IREDA shares gain for the seventh straight day, have not closed above this level in nearly two years

Reported by: CNBC TV18 ·

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Indian Renewable Energy Development Agency

Summary

CNBC TV18 reported that IREDA shares rose for a seventh straight day and have not closed above this level in nearly two years. The report also said that as of September 30, 23.7 lakh small retail shareholders held a 20.39% stake in the company. Small retail shareholders here means those with authorised share capital of up to ₹2 lakh, as the outlet put it. A seventh straight day of gains means the stock has risen in each of the last seven trading sessions. The report gives no closing price or percentage move for the day, so the size of the gain is not stated. IREDA is Indian Renewable Energy Development Agency, a listed lender to renewable energy projects.

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CNBC TV18  · · Tone +1

IREDA shares gain for the seventh straight day, have not closed above this level in nearly two years

As many as 23.7 lakh small retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 20.39% stake in IREDA as of September 30.

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