FAQs
1. Why is IREDA share price rising?
IREDA stock price is rising on the back of persistent investor optimism after its robust Q2 FY26 earnings announcement. The 42% rise in its profits, its improving asset base, as well as its healthy financial ratios, have cemented market sentiment, drawing both retail and institutional investors.
2. What are the most significant technical levels for IREDA stock?
IREDA’s short-term resistance points are at Rs. 157.48, Rs. 160.45, and Rs. 165.03, whereas support points are around Rs. 149.93, Rs. 145.35, and Rs. 142.38. The pivot point is Rs. 152.90, indicating a bullish attitude as long as the price remains above this level.
3. Is IREDA an ideal stock for long-term investors?
Experts think that IREDA has long-term potential on the back of India’s increasing investment in renewable energy and favorable government policies. In spite of its high valuations, consistent earnings, asset expansion, and zero default history make it a good PSU stock for long-term investors.
4. How is IREDA’s valuation versus its peers?
At a P/E of 28.22, IREDA is richly priced compared to the sector mean of 11.29. This implies that investors anticipate better growth in the future, though it also indicates limited short-term undervaluation possibilities.
5. What are the risks investors need to watch out for in IREDA shares?
Though growth opportunities are robust, investors should observe increasing NPAs, sectoral volatility, and policy shifts. The beta of 1.62 for the stock also reflects greater-than-average price volatility, making it suitable only for risk-taking investors.
