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📌 IREDA Share Price Movement – March 3, 2025
Today, let’s dive into the recent movements of the Indian Renewable Energy Development Agency Limited (IREDA) shares. As of March 3, 2025, IREDA’s stock opened in the red, trading at ₹149.79—a decline of ₹6.23 or 3.99% from the previous close
As we analyze today’s price movement, it’s essential to consider both the immediate market reactions and the company’s long-term strategies. While short-term fluctuations are inevitable, IREDA’s ongoing initiatives and financial performance may offer valuable insights for investors and stakeholders alike.
📉 Today’s Price Performance
| Opening Price | Change | % Change | Previous Close |
|---|---|---|---|
| ₹149.79 | -₹6.23 | -3.99% | ₹156.02 |
The stock opened lower and is moving closer to its 52-week low.
📊 52-Week Price Range
| 52-Week High | Date | 52-Week Low | Date |
|---|---|---|---|
| ₹310 | July 15, 2024 | ₹121.05 | March 14, 2024 |
🔥 Recent Developments Affecting IREDA’s Stock
| Date | Event | Impact |
|---|---|---|
| Feb 27, 2025 | ₹5,000 crore QIP approval | Mixed reaction from investors |
| Q3FY25 | 129% YoY rise in loan sanctions (₹31,087 Cr) | Positive outlook for renewable energy financing |
| Q3FY25 | 41% YoY rise in loan disbursements (₹17,236 Cr) | Strong business growth |
Despite today’s decline, IREDA continues to show strong fundamentals and growth in renewable energy financing. Investors will be watching closely to see how the stock performs in the coming days. 🚀
1. Price Movement OF IREDA Share
- Opening Price: The stock started trading at ₹149.31 at 9 AM.
- High & Low: During the day, it rose slightly to ₹149.59 (the highest point) and dipped to ₹149.30 (the lowest point).
- Closing Price: It ended the day at ₹149.46, up by +0.10% from the opening price.
- Takeaway: The stock moved very little today—like a calm river instead of a rollercoaster!
2. Volume (Trading Activity)
- Volume: Around 44,036 shares were traded. Think of this as how many people bought or sold the stock.
- What It Means: This is a moderate level of activity—not super busy, but not dead either.
3. Key Levels to Watch (Support & Resistance)
- Support Levels: These are prices where the stock might stop falling, like a safety net. Today’s key supports are ₹149.00 and ₹148.20.
- Resistance Levels: These are prices where the stock might struggle to rise further, like a ceiling. Watch ₹150.00 and ₹151.00 if the stock tries to move up.
4. What This Means for You as a Beginner
- Stability: The stock didn’t swing wildly, which could mean investors are unsure or waiting for news.
- Next Steps:
- If the price stays above ₹149.00, it might stay stable or rise.
- If it drops below ₹149.00, watch ₹148.20 for potential buying opportunities.
- A break above ₹150.00 could signal upward momentum.