IREDA shares slip 2% as firm launches QIP to raise up to Rs 5,000 crore
Shares of state-owned Indian Renewable Energy Development Agency (IREDA) slipped by 2.3% to their intraday low of Rs 172.4 on the BSE on Friday after the company launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore on Thursday night. IREDAβs board has fixed the floor price for the QIP at Rs…
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