neutral
Recently
IREDA profit jump fails to lift stock amid broader market weakness
IREDA shares fell despite a strong Q3 profit rise as broader market weakness and persistent foreign selling dampened investor response.
Shares of Indian Renewable Energy Development Agency declined 2.89% despite reporting strong Q3 FY26 earnings. The company posted a 38% year on year rise in net profit at Rs 585 crore, supported by a 25% increase in revenue to Rs 2,130 crore. Management highlighted improvements in asset quality and stable loan growth.