New Delhi, March 24 -- IREDA, India's leading green financing NBFC, saw its share price rise for the second consecutive trading session on Monday, March 24, jumping 8.4% to hit a 3-week high of Rs.167.90 per share on the back of a strong spike in volumes.

The stock ended last week with a gain of nearly 11%, marking its biggest weekly gain of the year so far. The state-owned company last week launched its first-ever perpetual bonds to raise Rs.1,247 crore at an annual coupon rate of 8.40%, aiming to optimize its capital structure while leveraging favorable market conditions.

In the same exchange filing, the company also announced that it had received a refund of Rs.24.48 crore on March 19, 2025, from the Income Tax Department as partial ...