IREDA's Recent Gains Suggest Potential Trend Reversal Amid Broader Market Challenges
Indian Renewable Energy Development Agency (IREDA) experienced a notable increase in stock price after a series of declines, suggesting a potential trend reversal. Despite today's gains, IREDA's longer-term performance has been challenging, with significant declines over the past month and year-to-date, while the broader market shows mixed signals.
Indian Renewable Energy Development Agency (IREDA) has shown notable activity today, gaining 3.48% on March 18, 2025. This uptick comes after a six-day streak of declines, marking a potential trend reversal for the stock. During intraday trading, IREDA reached a high of Rs 143.3, reflecting a 3.77% increase.In terms of performance metrics, IREDA has outperformed its sector by 3.2% today, with a one-day performance of 3.66% compared to the Sensex's 0.78%. However, the stock has faced challenges over the longer term, with a one-month decline of 11.00% and a three-month drop of 30.61%. Year-to-date, IREDA has decreased by 33.47%, while the Sensex has fallen by 4.34%.
Despite today's gains, IREDA is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the broader market context. The Sensex itself is trading positively, currently at 74,684.55, but remains below its 50-day moving average.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
