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Major Alert for IREDA Investors! What Do 4 Experts Have to Say?

पोस्ट को फेसबुक, ट्विटर या पिंटरेस्ट पर शेयर करने के 20-20 प्वाइंट

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Major Alert for IREDA Investors: IREDA’s stock has recently seen a significant drop, causing concern among IREDA investors. In this article, we will explore the opinions of four key experts and the target prices they have suggested. We will also discuss what investors should do despite this downturn. This information will help investors make informed decisions.

Highlights:

व्हाट्सप्प चैनल या व्हाटप्प ग्रुप में दिए गए कूपन कोड को डालें -

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  • IREDA’s stock recently dropped by 3.03%.
  • The company has delivered a return of 305.67% so far.
  • Motilal Oswal has set a target price of ₹280-300.
  • HDFC Securities has given a target price of ₹260-280.
  • Prabhudas Lilladher and Anand Rathi have also shared their opinions.

Key Points:

Expert NameTarget PriceStock Support ZoneCurrent StatusFuture ProjectionSpecial Remarks
Motilal Oswal₹280-300Financial Status and Loan Book
HDFC Securities₹260-280Expansion in Renewable Energy
Prabhudas Lilladher₹280-300₹248-250Rapid Growth in 1 MonthMay Reach ₹310
Anand Rathi₹290-300₹240-245Oversold PositionStop Loss at ₹240

Also Read: Three Defense Sector Companies with Record-Breaking Order Books: A Golden Opportunity for Investors!

IREDA’s Stock Fluctuations and Expert Opinions for IREDA Investors

IREDA
IREDA

Current Status of IREDA’s Stock

IREDA’s stock has experienced significant fluctuations in recent days. The stock opened at ₹251 on the weekly closing day but closed at ₹243.40, reflecting a 3.03% drop.

Motilal Oswal’s Opinion

Motilal Oswal has set a target price for IREDA’s stock between ₹280 and ₹300. This estimate is based on the company’s financial status and the ongoing expansion in its loan book.

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HDFC Securities’ Estimate

HDFC Securities has forecasted a target price of ₹260 to ₹280 for IREDA, considering the company’s performance and its continuous expansion in the renewable energy sector.

Prabhudas Lilladher’s Analysis

According to Shiju Kuthupalakkal, Technical Research Analyst at Prabhudas Lilladher, IREDA’s stock has shown remarkable growth over the past month. The stock surged from ₹175 to ₹310 but later dropped due to profit booking.

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Anand Rathi’s Advice

Ganesh Dongre, Senior Manager – Technical Research Analyst at Anand Rathi, advises that the stock is currently in an oversold position on the daily chart. The next supporting zone for the stock is between ₹240 and ₹245.

FAQs

Should You Invest in IREDA Stock?

Investors should consider expert opinions and market fluctuations before investing in IREDA stock.

What is the Current Target Price for IREDA Stock?

Motilal Oswal has set a target price of ₹280-300, HDFC Securities has set it at ₹260-280, and Prabhudas Lilladher has suggested a target price of ₹280-300.

What is the Support Zone for IREDA Stock?

According to Prabhudas Lilladher, the stock’s support zone is ₹248-250, and Anand Rathi suggests it is ₹240-245.

What Precautions Should Be Taken When Investing in IREDA Stock?

Investors should consider stop loss and target prices before investing. Anand Rathi has set a stop loss at ₹240.

What is the Future of IREDA Stock?

Experts believe that if the stock surpasses the ₹280 target price, it could potentially reach ₹310.


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पोस्ट को फेसबुक, ट्विटर या पिंटरेस्ट पर शेयर करने के 20-20 प्वाइंट

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