Indian Renewable Energy Development Agency Limited
IREDAMainboard Multi-baggerSector: Green Energy Financing & Navratna NBFC
The crown jewel of Indian green finance. Granted Navratna status by the Ministry of Power, IREDA finances India's giga-scale solar, wind, green hydrogen, and pumped storage battery projects with loan book exceeding ₹65,000 Cr.
Post-Listing Technical Candlestick Chart
NSE: IREDA (Daily OHLCV)Community Posts (3)
IREDA has delivered over 6.1x wealth creation since issue at ₹32! From ₹32 to nearly ₹200. Loan disbursements grew 42% YoY with zero fresh slippages in Q2. As India builds towards 500 GW of clean energy, IREDA will compound AUM at 25%+.
Support zone at ₹185-190 has held rock solid during every Nifty pullback. Navratna status allows them to raise low-cost overseas bond financing, directly expanding net interest margins (NIMs).
Derivatives addition has attracted huge liquidity. Open interest build-up shows long rollovers above 82%. Long-term target easily points to ₹260.