New Delhi, April 11 -- IREDA share price rallied nearly 4% on Friday amid heavy buying momentum. IREDA shares jumped as much as 3.99% to Rs.157.60 apiece on the BSE.

The latest shareholding pattern of Indian Renewable Energy Development Agency (IREDA) shows an increased number of retail shareholders.

IREDA shares are held by more than 26 lakh small shareholders. As per the March 2024 shareholding pattern, the number of retail shareholders with authorised share capital of up to Rs.2 lakh stands at 26,48,952. These 26.48 lakh retail shareholders of IREDA hold a 20.25% stake in the state-run company.

The number of retail shareholders has risen from 25,88,186 at the end of the December quarter who held 19.95% stake in the PSU company.

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