IREDA Share price dropped sharply on Friday as the PSU announced quarterly numbers. Markets are concerned about issues with asset quality of IREDA and the stock briefly went below Rs 200 levels.

IREDA share price declined by 3.4 percent before the public sector energy major announced quarterly results.

IREDA and RCF were among the biggest losers among public sector stocks on Monday as selling across the board was witnessed in stock markets.

IREDA Share price jumped 3.1 percent on Friday and we can expect momentum to continue in this public sector stock.

IREDA Share price jumped during early trades on the first trading day of year 2025.

IREDA opened negative on Monday and the stock has support at Rs 196. If the stock trades above Rs 201, we can expect bullish momentum in IREDA.