IREDA

2024 - 7 - 15

IREDA Shares: Analyst Predicts 60% Fall, Investors Beware!

IREDA share financial performance - Indian Renewable Energy Development Agency - IREDA - profit surge - renewable energy - stock market - IREDA share

Is a major crash coming for IREDA shares? Analyst forecasts a significant drop in price. Find out more here!

Investors in Indian Renewable Energy Development Agency Ltd. (IREDA) are on edge as Philip Capital projects a staggering 60% decline in IREDA share price. Despite hitting record highs recently, the stock is facing a grim outlook with concerns over earnings growth lagging behind loan growth. The domestic brokerage firm maintains a 'sell' rating on IREDA, sending shockwaves through the market.

However, the first quarter results show a promising 30% YoY increase in profit after tax for IREDA, indicating some resilience amidst the negative projections. The recent surge in IREDA's share price following the positive financial report has left investors torn between optimistic and pessimistic views.

While experts warn of a potential 58% downside in IREDA shares, the public sector renewable energy provider continues to be in the limelight. With rapid fluctuations in stock price and contrasting analyst opinions, the future of IREDA remains uncertain, creating a buzz in the investment community.

In a surprising twist, despite the volatile predictions, IREDA's share price opened significantly higher on the NSE, further adding to the intrigue surrounding this energy stock. Investors are eagerly watching as the drama unfolds, waiting to see whether the bullish trends will prevail despite the looming bearish forecast.

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Image courtesy of "Livemint"

Philip Capital projects over 60% fall in IREDA share price, maintains ... (Livemint)

Domestic brokerage firm Phillip Capital has maintained its 'sell' rating on Indian Renewable Energy Dev Agency (IREDA) stock, raising the target price from ...

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Image courtesy of "CNBCTV18"

IREDA shares may fall nearly 60% as this analyst says positives are ... (CNBCTV18)

Shares of Indian Renewable Energy Development Agency (IREDA) Ltd. were trading with gains of as much as 9% on Monday (July 15) to hit another record high of ...

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Image courtesy of "The Economic Times"

Phillip Capital sees a 56% downside potential in IREDA shares as ... (The Economic Times)

Phillip Capital maintains a sell view on IREDA, citing concerns over earnings growth not keeping pace with loan growth. Despite strong loan growth prospects ...

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Image courtesy of "Zee Business"

PSU stock: Planning to buy IREDA shares; know brokerage's views ... (Zee Business)

IREDA (Indian Renewable Energy Development Agency Ltd), a public sector renewable energy provider, reported its first-quarter results last week.

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Image courtesy of "Mercom India"

IREDA's Profit Surges 30% YoY in Q1 FY 2025 as Loan Book ... (Mercom India)

Government-owned lender Indian Renewable Energy Development Agency (IREDA) has reported a 30% year-over-year (YoY) increase in profit after tax for the ...

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Image courtesy of "Energetica India"

Open-source framework for publishing content (Energetica India)

Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25.

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Image courtesy of "msnNOW"

IREDA shoots up 9% to record highs after Q1 net profit grows 30 ... (msnNOW)

The share price of Indian Renewable Energy Development Agency (IREDA) gains over 9% as the navratna PSU on Friday reported robust growth during the first ...

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Image courtesy of "Zee Business हिंदी"

PSU Stock: IREDA में मुनाफावसूली की राय? शेयर खरीदना है तो पहले पढ़ ... (Zee Business हिंदी)

IREDA Share price: IREDA बेचकर मुनाफा कमाने की राय बन रही है क्योंकि पहली बात तो शेयर पहले ही अपने पॉजिटिव ट्रिगर्स को भुना चुका है. स्टॉक ...

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Image courtesy of "TV9 Hindi"

इस एक खबर से रॉकेट हुआ IREDA का शेयर, निवेशकों की हुई बंपर कमाई (TV9 Hindi)

आज NSE पर IREDA के शेयर की कीमत 300 रुपए प्रति शेयर पर खुली और ओपनिंग बेल के कुछ ही मिनटों के भीतर 310 रुपए प्रति शेयर के ...

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Image courtesy of "Hindustan हिंदी"

58% तक टूट सकता यह एनर्जी शेयर, लगातार दे रहा मुनाफा, एक्सपर्ट बोले ... (Hindustan हिंदी)

Ireda share: इंडियन रिन्यूएबल एनर्जी डेवलपमेंट एजेंसी लिमिटेड यानी इरेडा (Ireda) के शेयर पिछले कई कारोबारी दिन से फोकस में हैं।, ...

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Image courtesy of "Business Standard Hindi"

IREDA Share Price: इश्यू प्राइस के मुकाबले सिर्फ 8 महीने में 850 फीसदी ... (Business Standard Hindi)

IREDA का इश्यू प्राइस 32 रुपये प्रति शेयर था। IREDA के शेयरों की BSE और NSE, दोनों पर 56.25% लिस्टिंग गेन के साथ 50 रुपये प्रति शेयर पर ...

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Image courtesy of "ETV Bharat"

IREDA के शेयरों में तूफानी तेजी, निवेशकों की हुई बल्ले-बल्ले... - IREDA ... (ETV Bharat)

IREDA share price- इरेडा के शेयर की कीमत आज 300 रुपये प्रति शेयर पर खुली और ओपनिंग बेल के कुछ ही मिनटों के भीतर एनएसई पर 310 ...

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Image courtesy of "Business Standard Hindi"

8 महीने में 850% से ज्यादा उछले इस कंपनी के शेयर, निवेशक इसलिए कर रहे ... (Business Standard Hindi)

IREDA का इश्यू प्राइस 32 रुपये प्रति शेयर था। IREDA के शेयरों की BSE और NSE, दोनों पर 56.25% लिस्टिंग गेन के साथ 50 रुपये प्रति शेयर पर ...

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Image courtesy of "Livemint"

IREDA share price Today Live Updates : IREDA Stock Plunges Amid ... (Livemint)

The market cap is ₹77891.42 crore with a 52-week high of ₹304.6 and a low of ₹49.99. The BSE volume for the day was 19,724,187 shares traded.

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Image courtesy of "Hindustan Times"

IREDA share price dips 5% today as Philip Capital gives 'sell' tag (Hindustan Times)

IREDA stock witnesses strong selling after Philip Capital predicts heavy correction and maintains 'sell' tag, despite strong Q1FY25 results.

IREDA reports profit after tax of Rs 3.84 billion in the first quarter of ... (Power Line Magazine)

Indian Renewable Energy Department Agency Limited (IREDA) has recorded a net profit of Rs 3.84 billion during quarter ended June 2024, recording an increase ...

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Image courtesy of "India Today"

IREDA shares decline 5% today. Good time to buy? (India Today)

Shares of Indian Renewable Energy Development Agency (IREDA) Limited tanked nearly 5% during Tuesday's intraday trading session. IREDA shares were down ...

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Image courtesy of "Business Today"

IREDA clears equity investment to set up power project in Nepal ... (Business Today)

IREDA share price: The scrip moved 6.06 per cent down to close at Rs 272.25. At this price, it has slipped 12.18 per cent from its all-time high of Rs 310, ...

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Image courtesy of "PSU Connect"

IREDA approves equity investment to set up 900MW Power Project ... (PSU Connect)

Renewable energy PSU IREDA has confirmed that it has approved the equity investment of up to 10% shareholding in GMR Upper Karnali Hydro Power Ltd and ...

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