IREDA, Saatvik Green Energy and other stocks to watch in today’s trading session
Alex Smith
3 hours ago
Synopsis:- A mix of developments highlights strong activity across sectors, including a JPY 28 billion borrowing deal, ₹57 crore solar orders, ₹500 crore fundraising, and a ₹75 crore workspace agreement. Meanwhile, infrastructure orders and R&D partnerships signal long-term growth.
Indian equity indices ended sharply lower on March 30, with the Nifty 50 closing below 22,350 amid broad-based selling across sectors. At close, the Sensex was down 1,635.67 points or 2.22 percent at 71,947.55, and the Nifty was down 488.20 points or 2.14 percent at 22,331.40.
Indian Renewable Energy Development Agency Ltd
Indian Renewable Energy Development Agency (IREDA) is a government-backed financial institution focused on funding renewable energy projects across India. It supports solar, wind, and hydro sectors, playing a key role in India’s clean energy transition and sustainable infrastructure development.
With a market capitalization of Rs 30,615 crore, on Monday, the share closed at Rs 109 per share, decreased around 4.66 percent as compared to the previous closing price.
Indian Renewable Energy Development Agency Ltd has entered into a JPY 28 billion external commercial borrowing agreement with Sumitomo Mitsui Banking Corporation. The five-year unsecured loan, arranged via its Singapore branch, will support renewable financing needs. This move strengthens IREDA’s access to global capital and enhances its ability to fund India’s clean energy expansion.
Saatvik Green Energy Ltd
Saatvik Green Energy is a growing solar solutions company engaged in manufacturing solar PV modules and providing EPC services. It focuses on renewable energy expansion, offering sustainable solutions to industrial and utility-scale clients across India’s rapidly evolving solar market.
With a market capitalization of Rs 4,793 crore, on Monday, the share closed at Rs 377 per share, decreased around 1.69 percent as compared to the previous closing price.
Saatvik Green Energy Ltd has secured domestic orders worth ₹57.03 crore for the supply of solar PV modules from independent power producers and EPC players. The order, to be executed by March 2026, reflects steady demand in the solar segment and strengthens its position in India’s growing renewable energy market.
Diamond Power Infrastructure Ltd
Diamond Power Infrastructure is engaged in manufacturing power cables, conductors, and transmission equipment. The company caters to power utilities and infrastructure projects, benefiting from India’s increasing investment in electricity transmission and distribution networks.
With a market capitalization of Rs 6,261 crore, on Monday, the share closed at Rs 119 per share, decreased around 3.36 percent as compared to the previous closing price.
Diamond Power Infrastructure Ltd has secured a major order to supply ~270 km of 66 kV EHV cables, strengthening its position in the high-voltage segment. The project enhances revenue visibility, with the total order book exceeding ₹3,500 crore. Its strong execution track record and presence in a high-entry barrier industry support long-term growth prospects.
Nazara Technologies Ltd
Nazara Technologies is a leading gaming and esports company in India, operating across mobile gaming, esports, and interactive entertainment. It has a global presence and focuses on monetizing digital content through diverse gaming platforms and strategic acquisitions.
With a market capitalization of Rs 8,634 crore, on Monday, the share closed at Rs 233 per share, decreased around 3.02 percent as compared to the previous closing price.
Nazara Technologies Ltd has raised ₹500 crore through a preferential warrant issue at ₹260 per share, signaling strong investor confidence. The participation of global and promoter investors highlights long-term commitment. The funds will support strategic acquisitions like Bluetile and BestPlay, while accelerating growth across its gaming and digital entertainment verticals.
Indiqube Spaces Ltd
Indiqube Spaces provides managed workspace and co-working solutions to enterprises and startups. It focuses on flexible office infrastructure, offering customized spaces, amenities, and technology-enabled services to meet evolving workplace demands in urban business hubs.
With a market capitalization of Rs 2,875 crore, on Monday, the share closed at Rs 136 per share, increased around 1.54 percent as compared to the previous closing price.
IndiQube Spaces Ltd has secured a ₹75 crore, five-year workspace deal in Bengaluru, covering over 48,000 sq. ft. of Grade A office space. The agreement highlights rising demand from Global Capability Centres for scalable, premium workspaces and strengthens IndiQube’s positioning as a preferred partner in India’s growing flexible office market.
Oil India Ltd
Oil India is a public sector company engaged in the exploration, production, and transportation of crude oil and natural gas. It plays a vital role in India’s energy security, with operations across upstream and midstream segments.
With a market capitalization of Rs 77,337 crore, on Monday, the share closed at Rs 475 per share, decreased around 0.53 percent as compared to the previous closing price.
Oil India Ltd has partnered with CSIR-IMMT to strengthen its presence in critical minerals through joint R&D. This collaboration aligns with India’s strategic push under the National Critical Mineral Mission, enabling technological advancement, resource security, and diversification beyond traditional hydrocarbons into future-focused mineral exploration and development.
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