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IREDA Share: Investors Beware! Stock Plummets by Over 28% in a Month

Indian Renewable Energy Development Agency (IREDA) has seen a significant decline of over 28% in its stock value in the past month. Today, the stock is trading with a 4% weakness. This decline comes following a recent development regarding IREDA's inclusion in several key indices by the National Stock Exchange (NSE), which has now been reversed. The decision to exclude IREDA from these indices stems from non-compliance with SEBI portfolio construction rules, particularly related to equity exchange-traded funds (ETFs). NSE's statement indicates that IREDA violated these rules, leading to the reversal of its inclusion in the indices. As per the earlier announcement by the Exchange's Index Maintenance Subcommittee (Equity), made on February 28, 2024, IREDA was slated to be included in various indices. However, following NSE's recent decision, IREDA will not be part of indices like Nifty 500, Nifty Midcap 150, Nifty Midcap 100, and others. Instead, stocks previously exclude

Share Market Holidays: Stock Market to Remain Closed for Three Consecutive Days, BSE - NSE Provides Early Notice

The stock market will be closed continuously for three days. Apart from the weekly holidays in March, the domestic stock market will be closed for two additional days. On these two days, there will be no trading on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Information about these holidays has already been provided on both exchanges' websites. According to the information provided on the exchanges' websites, in March, all trading activities in the equity segment, equity derivative segment, and SLB segment will be closed for these two days. Besides the weekly holiday on Saturday and Sunday, the market will also remain closed on March 25th (Monday) on the occasion of Holi. On this day, there will be no trading in the equity segment, equity derivative segment, and SLB segment on both exchanges. After this, the market will also remain closed on March 29th (Friday) on the occasion of Good Friday. Since these two holidays fall in the same week, the market

Unleashing the Power of the Sun: Enphase Energy Shines Bright as a Solar Growth Star on Sale

Are you ready to unleash the power of the sun with Enphase Energy Inc.?   Based in sunny Fremont, California, this company is a true solar growth star on the rise! Enphase Energy designs innovative, software-driven solutions for solar energy generation, home energy storage, and web-based system monitoring and control. But isn't just any ordinary solar company. Their globally diversified supply chain has helped them maintain a competitive edge during recent supply chain turmoil, while their technology leadership has helped turbocharge their growth. In fact, according to Clean Energy Reviews, Enphase manufactures the best microinverter on the market with a low failure rate and superior quality. And their advanced system monitoring and excellent customer service track record only add to their impressive resume. Enphase Energy has been shining bright over the past three years with an astounding annual revenue per share growth rate of 50.4% and a yearly average earnings per share gr

Breaking: American Airlines (AAL) Takes the Stock Market by Storm - Don't Miss Out on These Must-Know Facts Before Investing!

American Airlines (AAL) has become a popular stock that people are searching for on Zacks.com. If you're interested in investing in AAL, it's important to know what might affect how well the stock does in the next little while. Over the past month, the world's largest airline has seen a return of -11.2%, while the Zacks S&P 500 composite has only seen a -1.2% change. American Airlines belongs to the Zacks Transportation - Airline industry, which has experienced an 8% loss during this same period. Looking ahead, it's important to consider where the stock may be headed in the near term. Although media releases or rumors about a significant change in a company's business prospects can cause its stock to trend and result in an immediate price change, there are always underlying fundamental facts that will ultimately influence buy-and-hold decision-making. Unlocking the Secret to Stock Market Success: Why Earnings Estimate Revisions are the Key to Winning Big!

Government's discounted OFS announcement leads to HAL stock drop - Should investors be worried?

This article highlights the impact of the Indian government's announcement to sell a portion of its stake in the public sector defense company, Hindustan Aeronautics Limited (HAL), through an Offer for Sale (OFS) at a discounted rate compared to the market price. The OFS, which opened for institutional investors on Thursday, has caused a sharp decline in HAL's stock price. The article explores the reasons behind the decline and addresses investor concerns regarding this development. It also provides insights into the OFS details, including the option to retain oversubscription. The soaring flight of Hindustan Aeronautics' shares hit turbulence as the government's announcement of a sale of up to 3.5% at a discounted floor price caused a sharp decline in the stock price. Thursday was anything but smooth sailing for HAL investors. HAL stock plunges after government's OFS announcement! Is the government's HAL OFS causing panic among investors? HAL investors brace fo