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# 819 Daily Money Show | Money Purse Stock Market News
Takeaway
Silver could rally another 50%+ to $49, IREDA's renewable-financing growth roadmap is ambitious, and Pennar Industries is targeting near-3x revenue scale.
Summary
- Silver crossed $30 mark with 50% YTD gains; next resistance $35, then potential to $49—silver still 50% below lifetime high vs gold which has been rallying.
- Historical pattern: silver was flat 1987-2008 then rallied 5x in 2009-2011, so volatility cycles need patience.
- IREDA 2030 roadmap: targeting Maharatna status, revenue projections from ₹38,200 cr (FY25) to ₹136,700 cr (FY30) to ₹3,49,700 cr (FY40)—a renewable energy financing proxy.
- BSE vs NSE: NSE introducing one-paisa ticker for ₹250 stocks from June 10 to match BSE's earlier ₹100 ticker that drove BSE growth.
- Pennar Industries targeting $1 billion (₹8,300 cr) revenue in 3-5 years vs current ₹3,000 cr—management exudes high confidence.
silverIREDAPennar
Original description
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