IREDA Shows Short-Term Resilience Amid Long-Term Underperformance Concerns
Indian Renewable Energy Development Agency (IREDA) saw a 3.3% increase on January 14, 2025, following three days of decline. Despite this short-term gain, IREDA remains below key moving averages, indicating longer-term underperformance, with a monthly decline of 6.07% compared to the Sensex's 6.83%.
Indian Renewable Energy Development Agency (IREDA) experienced a gain of 3.3% on January 14, 2025, marking a notable performance in the finance sector. This uptick comes after three consecutive days of decline, with IREDA outperforming its sector by 1.98%. During the trading session, the stock reached an intraday high of Rs 207.7, reflecting a 3.88% increase.Despite this recent positive movement, IREDA is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term trend of underperformance. Over the past day, IREDA's performance stood at 2.15%, compared to the Sensex's modest gain of 0.26%. However, the stock has faced challenges over the past month, with a decline of 6.07%, while the Sensex recorded a slightly larger drop of 6.83%.
Overall, while IREDA has shown some short-term resilience, the longer-term indicators suggest caution in its market position.
{{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
Most Read
