IREDA is a good buy for target price of ₹280 (25% upside)

Discussion in 'Latest Brokerage Stock Buy-Sell Reports' started by Meenakshi Razdan, Oct 14, 2024.

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  1. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    IREDA's business growth & margins are aided by Govt’s focus on renewable sector. Foray in retail segment is aiding delivery of steady return ratio on a sustained basis. Capital raising of ₹4500 Cr will aid future growth & is book accretive. TP ₹280 (25%)
     
    Meenakshi Razdan, Oct 14, 2024
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