Indian Renewable Energy Development Agency (IREDA) continues to demonstrate strong balance-sheet expansion despite a temporary slowdown in profitability caused by elevated provisioning and foreign
ICICI Securities has maintained a BUY recommendation on IREDA, citing strengthening growth momentum, improving asset quality trends, and sustained margin stability.
Dredging Corporation of India, GAIL (India) Limited, Power Grid Corporation of India witnessed higher volatility among public sector stocks.
PAYTM (One 97 Communications) share price declined on Friday as selling was witnessed at higher levels.
IREDA, IRFC, REC, Garden Reach Shipbuilders, RITES, Dredging Corporation, NHPC and BHEL were among major losers in public sector stocks.
IREDA, BEML, Rail Vikas Nigam, SAIL, NALCO, IRFC shares were among major losers in PSU segment while overall trend in the Indian markets was negative.
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