IREDA Faces Continued Decline Amid Broader Market Volatility and Sector Underperformance

Jun 12 2025 02:25 PM IST
share
Share Via
Indian Renewable Energy Development Agency (IREDA) faced a decline on June 12, 2025, continuing a trend of consecutive losses. Despite a positive monthly performance, IREDA's one-year performance remains negative, contrasting with gains in the broader market, as reflected by the Sensex's recent fluctuations.
Indian Renewable Energy Development Agency (IREDA) experienced a decline of 3.37% on June 12, 2025, marking a notable underperformance against its sector by 1.97%. This drop continues a trend of consecutive losses, with the stock falling 3.85% over the past three days. During today's trading session, IREDA reached an intraday low of Rs 175.7, reflecting a decrease of 3.62%.

In terms of moving averages, IREDA is currently positioned higher than its 20-day, 50-day, and 100-day moving averages, yet it remains below its 5-day and 200-day moving averages. Over the past month, the stock has shown a positive performance of 4.97%, contrasting with a slight decline of 0.90% in the Sensex.

Looking at broader market trends, the Sensex opened flat but subsequently fell by 875.16 points, closing at 81,696.51, a decrease of 0.99%. While IREDA's one-year performance stands at -3.37%, the Sensex has gained 6.64% during the same period. Year-to-date, IREDA has seen a decline of 18.01%, while the Sensex has increased by 4.55%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News