IREDA Share Price – What’s Happening With It, and Is It Still Worth Holding?

So I’ve been keeping a close eye on IREDA shares lately – partly because I own a few (okay maybe more than a few ) and partly because it’s one of those PSU stocks that really got a lot of buzz after listing. I remember when it came out, everyone was like “IREDA to the moon,” but now, it’s kinda hanging in the middle somewhere. Not tanking, but also not flying either.

Anyway, here’s just a regular person’s take on what’s going on with IREDA share price, based on what I’ve seen, felt, and heard – not an expert or analyst, just trying to make sense of it.

Starting With the Basics – What’s the Price Now?

Right now, IREDA’s trading somewhere around ₹145 to ₹150 levels. It’s been floating around that zone for a while now. There were days when it tried pushing up a bit, like ₹160+ and even touched near ₹170 back in a few months ago, but those jumps didn’t really hold for long.

It’s weird, because there was so much hype in the beginning. Like it got oversubscribed so much during IPO and listed with a big premium too. People were saying it’s gonna double or triple within a year. But now when you look at the chart, it’s kinda like… just going sideways.

The Rise and Dip – What’s Driving the Moves?

So when it first listed, obviously the buzz and hype pushed the price up. Renewable energy is a hot sector, right? And IREDA being a government-backed financing company focused totally on green energy made it sound like a solid bet.

But lately the share has been kinda shaky. There are a few reasons, I think:

1. Profit Dip: They posted a 30–35% drop in profits for one of the quarters recently. That kinda made investors nervous. When people expect a growth story and suddenly there’s a big earnings drop, that shakes things up. Especially for a company that’s still proving itself post-IPO.

2. QIP and Fundraising Stuff: IREDA announced they’re raising funds via QIP – like ₹5,000 crore or something. Now, that’s great for future growth, but in the short term, investors worry about dilution. Like if more shares come into the market, then price can fall.

3. Market Mood: Honestly, PSU stocks were on fire a few months ago, but now some of that heat has cooled down. Not just IREDA, even other PSU energy stocks have been a bit sideways lately. It’s like the market took a break.

4. Debt Recovery News: There was some buzz around IREDA going after a big borrower for default – some Gensol company. That brought in a bit of fear around bad loans or NPAs. Not saying it’s a huge problem yet, but even the mention of default makes investors jittery.

Is It Still a Good Investment?

That depends on what kind of investor you are. If you’re looking for quick profits, like a swing trader or something, IREDA’s probably not very exciting right now. It moves slowly, and when it moves fast, it’s usually because of some news event – either good or bad.

But if you’re more of a long-term investor (like I’m trying to be), then there’s still a lot to like.

• Massive Opportunity: Renewable energy is clearly the future, and India’s planning huge investments in green energy in the next 10–20 years. IREDA being a govt-owned lender in this space basically means they’ll be involved in most of these projects.

• Tax-Free Bonds Status: There was some news (a while ago) that IREDA bonds got included under some capital gains tax exemption section. Which basically makes their bond offerings more attractive. More investors = more funds = more lending.

• Strong Government Push: With the kind of policies coming out around solar, wind, EV infra etc., companies like IREDA will have a lot of work to do. That should ideally translate into growth.

So yeah, even though the share price looks a bit lazy right now, the story still feels solid to me.

What About Risks?

I mean, every stock has risk right. And just because it’s a PSU doesn’t mean it’s automatically safe.

1. Interest Rate Sensitivity: Since IREDA is into lending, if interest rates keep changing, their margins can get squeezed.

2. Loan Defaults: If more borrowers start defaulting, that’ll hurt IREDA directly. They’re still growing their loan book fast, so there’s always some risk.

3. Dilution: Like I mentioned earlier, if they keep raising funds through QIP or issuing more bonds, it could dilute share value, unless the growth from that money is faster.

Also, the stock is kinda sentiment-driven. One good headline and it jumps, one bad earnings report and it dips.

My (Kinda Messy) Strategy

Okay, so full honesty – I bought some IREDA shares back when it was around ₹110 or ₹115. I held on even when it went up to ₹170+ (yes, I didn’t book profit, ugh) and now it’s back around ₹145-ish. I thought of averaging down but then I was like… maybe just wait a bit and see how next earnings go.

Right now, I’m holding. Not selling, not buying more. Just waiting to see if they bounce back with better results or not. If they get back to profit growth and manage their fund raise well, I might consider adding more.

Some of my friends booked profits already and moved to other stocks, but I kinda feel like this one’s a longer game.

Final Thoughts (Before I Ramble More)

So to wrap it up – IREDA share price has been kinda stuck lately, not gonna lie. From the high hopes after IPO to now just hovering in that ₹140-₹150 zone, it’s not exactly thrilling anymore.

But the core business is still strong. Renewable energy is growing fast, and IREDA’s right in the middle of it. Yes, there are risks – profits dropping, dilution, borrower defaults, etc. But if you can hold for a few years and ride out the ups and downs, I think this one could still reward patient investors.

Of course, I could be totally wrong (wouldn’t be the first time lol). So don’t go buy it just because I’m holding it. Do your own research, look at the numbers, and ask yourself if you’re okay watching it go down 10–15% in the short term. If yes, then maybe it’s worth a shot.