As I continue to compare the wild race of REC, PFC, and IREDA, here’s the latest scoop on IREDA: [IREDA share price: IREDA stock jumps 6% to record high after a large deal; more than double investors’ money YTD]
- IREDA is seeing a stampede of trades since last week.
- Is seeking FPO approval to raise Rs 4,000-5,000 crore.(long mentioned, not a news here though)
- It raised Rs 1,500 crore via bonds, which saw oversubscribtion 2.65 times
It seems to me, In the last 6 months (3M,1M,weekly. on all timeframe), IREDA ran faster than PFC and REC. or did i miss something ?
So, what’s the deal here ? Has there been some major change speeding up IREDA? Is it the market’s typical irrational moves? Or is it just a Budget doparoll?
Still holding IREDA like a confused koala. 
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