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Indian Renewable Energy Development Agency Ltd.

NSE: IREDA · Financial Services

₹114.82
as of 28 Sep 2026
AI verdict · 28 Sep 2026
Bearish 62% confidence

Strong recent earnings mask forward-looking deterioration priced by market; stock 4.45% above 52-week low with bearish EMA stack and…

Strongest bull point

Q1 FY27 net profit surged 36.8% YoY to ₹337.5 crore with H1 FY26 loan sanctions up 86% YoY, and stock trades only 4.45% above 52-week low with 2.66× volume spike, suggesting capitulation selling in a renewable energy financier with confirmed double-digit profit growth.

Strongest bear point

Despite 36.8% Q1 profit growth, stock underperformed NIFTY by 17.83% over 12 months and trades 29.62% below 52-week high in a bearish EMA stack, indicating market is pricing forward deterioration in asset quality, margins, or renewable financing demand not yet visible in reported results.

Technical Forecast · next 10 trading days
Expected
₹118.47 +3.2%
Range
₹118.23 – ₹119.01
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Every call on IREDA, misses included
  1. Bearish 28 Sep 2026 → now Scores 28 Oct 2026
    ₹114.82 → ₹114.82 0.0%
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