bullish

IREDA

IREDA QIP Early Look - Strong Momentum, Although Valuations Are Eye-Popping

331 Views23 Sep 2024 10:00
IREDA (1845911D IN) is looking to raise INR45bn (US$538m) via its qualified institutional placement (QIP). The deal wouldn’t be a large one for the stock to digest at just 4.7 days of three month ADV.
What is covered in the Full Insight:
  • Introduction
  • Deal Dynamics
  • Recent Financial Performance
  • Implications of the QIP
  • Concluding Thoughts
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
chart-bar
x