Status: Automated market-move research draft
IREDA • NSE • F&O Stock
INDIAN RENEWABLE ENERGY traded at ₹111.00, -3.33% versus the previous close of ₹114.82. Latest market data: 29 Sep 2026 • 03:15 PM IST.
- The stock is -3.33% at ₹111.00.
- Likely reason: Profit-taking and technical weakness following recent gains
- Approximate traded value is ₹94.58 crore.
- It is -30.06% from its 52-week high and +3.35% from its 52-week low.
- The stock is being compared with Nifty Financial Services alongside the Nifty 50.
INDIAN RENEWABLE ENERGY Share Price Today – Market Snapshot
Why Is INDIAN RENEWABLE ENERGY Share Price Falling Today?
Indian Renewable Energy Development Agency (IREDA) shares experienced a downward pull in today's session, sliding 3.33% to close at ₹111.00. The stock spent most of the day near its lower extremity, touching an intraday low of ₹111.00 after opening at ₹114.82 and reaching a high of ₹116.54. Trading volumes remained notable, recording about 8.52 million shares traded—hovering close to its 5-day average volume while running notably higher relative to its 20-day average volume baseline.
In broader market context, the headline Nifty index saw a modest correction of 0.28%, while IREDA traded under pressure within the financial services ecosystem. Despite posting mild gains over the preceding five sessions, today's sharp pullback reflects renewed selling pressure that outweighed its recent two-session recovery momentum.
On the corporate front, IREDA recently announced the appointment of its new Statutory Auditor for the financial year 2026-27, alongside completing procedural compliance regarding its 39th Annual General Meeting and Business Responsibility and Sustainability Report. While these administrative disclosures provide baseline governance transparency, today's downward price action appears primarily driven by technical profit-taking and broader sector-specific headwinds rather than any singular negative operational surprise.
low confidence
- Decline of 3.33% to close at day's low of ₹111.00
- Volume running at 1.86x of its 20-day average, signaling active selling interest
Performance Context
Cash-Market Activity
| Today’s Volume | 8,520,980 |
|---|---|
| 5-Day Avg. Volume | 8,736,527 |
| 20-Day Avg. Volume | 4,589,168 |
| Volume vs 20-Day Avg. | 1.86x |
| Delivery Quantity | 1,839,728 |
| Delivery % | 21.18% |
| Number of Trades | 47,952 |
Derivative-Market Activity
| Near-Month Futures | ₹115.14 |
|---|---|
| Cash Reference | ₹114.84 |
| Premium / Discount | ₹0.30 (+0.26%) |
| Change in Premium | ₹0.06 |
| Futures Volume | 8,325 |
| Volume vs Previous Session | 0.95x |
| Open Interest | 10,945,975 |
| OI vs Previous Session | 0.39x |
Ownership & Transaction Activity
Promoter Pledge / Encumbrance
the President of India acting through Ministry of New and Renewable Energy (“MNRE”) holds 2 ,01,58,23,529 (71.76%) Equity Shares of the Company as on March 31, 2026 and has not made any encumbrance of shares, directly or indirectly in the shares of the Company, during the financial year 2025-26.
Source: NSE corporate filing
Recent Ownership / Shareholding Disclosure
- President of India through MNRE holds 2,01,58,23,529 equity shares (71.76%) as of March 31, 2026.
- Zero shares have been pledged or encumbered, directly or indirectly, during the financial year.
Source: NSE corporate disclosure. Only factual ownership/shareholding details extracted from the filing are shown.
Recent Brokerage Views
Brokerage views are third-party opinions and are not WittyTrades recommendations.
WittyTrades Data Insight
Price Position: The stock is near the lower end of the day’s trading range.
Move From Open: -3.33%.
Intraday Range: 4.82% of the previous close.
5-Day Performance: +0.68%; 20-Day Performance: -2.80%.
Latest Company Developments
Relative Performance
| INDIAN RENEWABLE ENERGY | -3.33% |
|---|---|
| Nifty 50 | -0.28% |
| Nifty Financial Services | N/A |
| Vs Nifty 50 | -3.05% |
| Vs Sector | N/A |
Technical Context
| Price | ₹111.00 |
|---|---|
| Day High / Low | ₹116.54 / ₹111.00 |
| 52-Week High | ₹158.70 |
| 52-Week Low | ₹107.40 |
| 5-Day Return | +0.68% |
| 20-Day Return | -2.80% |
What Should Traders and Investors Watch Next?
- Sustained volume levels relative to the 20-day volume average
- Price defense around the ₹107-110 support zone near its 52-week low
- Future loan disbursement updates in green energy segments like green hydrogen and solar
- Overall sentiment in public sector and financial services indices
Catalyst note: No single confirmed fundamental trigger was identified; the move reflects technical profit-taking and selling pressure.
Frequently Asked Questions
What is the likely reason for today’s move?
The stock gave up recent two-session gains amid broad sectoral softness and high volume participation, pointing to standard profit-taking rather than a specific negative corporate catalyst.
Is trading volume elevated?
Today’s volume is 8,520,980. The latest 20-day average available is 4,589,168, equivalent to about 1.86x of the recent average.
What does the derivatives market show?
The latest official NSE F&O report is summarised in the Derivative-Market Activity box above.
Before acting on this stock
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Market data, exchange filings, company disclosures and reputable business-media reports are collected automatically and summarised for investor context. Material facts are cross-checked where possible; price data may be delayed and a cited development should not be assumed to be the sole cause of a market move unless the evidence supports that conclusion.
Article by: WittyTrades Research Desk
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