{"id":71599,"date":"2026-04-15T12:43:09","date_gmt":"2026-04-15T07:13:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=71599"},"modified":"2026-04-15T12:43:11","modified_gmt":"2026-04-15T07:13:11","slug":"ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/","title":{"rendered":"IREDA Drops 5.2% on GNPA Rise to 2.9% + Wind Energy Portfolio Stress \u2014 Buying Opportunity or Continued Weakness?"},"content":{"rendered":"<p><strong>IREDA<\/strong> (NSE: IREDA) share price dropped 5.2% on April 13, 2026. The stock is at Rs 155 \u2014 down from a 52-week high of Rs 310. This article examines the specific trigger, the bear and bull case, and what investors should do.<\/p><p>Get SEBI-registered analyst research on <a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#About_IREDA\" title=\"About IREDA\">About IREDA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#What_Triggered_the_Fall\" title=\"What Triggered the Fall?\">What Triggered the Fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Why_the_Market_Is_Selling\" title=\"Why the Market Is Selling\">Why the Market Is Selling<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Wind_Energy_Portfolio_NPA_%E2%80%94_Natures_Unpredictability\" title=\"Wind Energy Portfolio NPA \u2014 Nature&#8217;s Unpredictability\">Wind Energy Portfolio NPA \u2014 Nature&#8217;s Unpredictability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#IPO_Premium_Unwind_%E2%80%94_From_Rs_310_to_Rs_155\" title=\"IPO Premium Unwind \u2014 From Rs 310 to Rs 155\">IPO Premium Unwind \u2014 From Rs 310 to Rs 155<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#RBI_NBFC_Scrutiny_on_Sectoral_Concentration\" title=\"RBI NBFC Scrutiny on Sectoral Concentration\">RBI NBFC Scrutiny on Sectoral Concentration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Government_PSU_Overhang\" title=\"Government PSU Overhang\">Government PSU Overhang<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Event_at_a_Glance\" title=\"Event at a Glance\">Event at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Bull_Case\" title=\"Bull Case\">Bull Case<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Key_Nuance\" title=\"Key Nuance\">Key Nuance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Share_Price_History\" title=\"Share Price History\">Share Price History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#3_Scenarios\" title=\"3 Scenarios\">3 Scenarios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Business_Segments\" title=\"Business Segments\">Business Segments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#What_Should_Investors_Do\" title=\"What Should Investors Do?\">What Should Investors Do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_Why_is_IREDA_share_price_falling\" title=\"Q: Why is IREDA share price falling?\">Q: Why is IREDA share price falling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_What_is_IREDAs_share_price_target\" title=\"Q: What is IREDA&#8217;s share price target?\">Q: What is IREDA&#8217;s share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_What_is_IREDAs_52-week_low\" title=\"Q: What is IREDA&#8217;s 52-week low?\">Q: What is IREDA&#8217;s 52-week low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_Is_IREDA_a_good_buy_at_current_levels\" title=\"Q: Is IREDA a good buy at current levels?\">Q: Is IREDA a good buy at current levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_What_is_IREDAs_market_cap\" title=\"Q: What is IREDA&#8217;s market cap?\">Q: What is IREDA&#8217;s market cap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_What_triggered_IREDAs_fall_today\" title=\"Q: What triggered IREDA&#8217;s fall today?\">Q: What triggered IREDA&#8217;s fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_Where_can_I_track_IREDA_live\" title=\"Q: Where can I track IREDA live?\">Q: Where can I track IREDA live?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Q_What_should_I_do_if_I_hold_IREDA_shares\" title=\"Q: What should I do if I hold IREDA shares?\">Q: What should I do if I hold IREDA shares?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/ireda-share-price-falls-npa-renewable-energy-wind-portfolio-stress\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_IREDA\"><\/span><strong>About IREDA<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Indian Renewable Energy Development Agency (NSE: IREDA) is the government PSU NBFC specifically mandated to finance India&#8217;s renewable energy infrastructure \u2014 solar, wind, hydro, and biomass. Listed at Rs 32 per share in November 2023 at a Rs 2,150 crore IPO, IREDA has since surged to Rs 310 (peak) and corrected 50% to Rs 155.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Triggered_the_Fall\"><\/span><strong>What Triggered the Fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>IREDA fell over 5% as Q3 FY26 results disclosed a GNPA increase from 2.1% to 2.9% \u2014 driven primarily by stress in the wind energy loan portfolio. Three large wind energy projects in Tamil Nadu and Rajasthan, which received loans in FY22\u201323, have faced poor wind resource years (below P90 projections) and are struggling to service debt.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_the_Market_Is_Selling\"><\/span><strong>Why the Market Is Selling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Access live fundamentals on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wind_Energy_Portfolio_NPA_%E2%80%94_Natures_Unpredictability\"><\/span><strong>Wind Energy Portfolio NPA \u2014 Nature&#8217;s Unpredictability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA lent Rs 8,500 crore to wind energy projects based on P90 wind resource projections (i.e., 90% probability of achieving the assumed wind speed). FY24 and FY25 were below-average wind years in key states \u2014 resulting in energy generation shortfalls and project cash flow stress.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO_Premium_Unwind_%E2%80%94_From_Rs_310_to_Rs_155\"><\/span><strong>IPO Premium Unwind \u2014 From Rs 310 to Rs 155<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA at its peak traded at 4x price-to-book \u2014 a significant premium that reflected investor excitement about India&#8217;s renewable energy financing story. As NPA concerns surfaced, the premium has compressed to 2.1x \u2014 with potential for further compression if GNPA exceeds 3.5%.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_NBFC_Scrutiny_on_Sectoral_Concentration\"><\/span><strong>RBI NBFC Scrutiny on Sectoral Concentration<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>RBI&#8217;s increasing scrutiny of NBFCs with sectoral concentration \u2014 IREDA is 98% renewable energy \u2014 has raised compliance cost concerns and the possibility of additional provisioning requirements.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Government_PSU_Overhang\"><\/span><strong>Government PSU Overhang<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Government of India holds 75% in IREDA. Any secondary offering to meet SEBI&#8217;s minimum 25% public float requirement would create supply overhang.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Event_at_a_Glance\"><\/span><strong>Event at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>CMP<\/td><td>Rs 155<\/td><\/tr><tr><td>52-Week High<\/td><td>Rs 310<\/td><\/tr><tr><td>52-Week Low<\/td><td>Rs 130<\/td><\/tr><tr><td>% Drop Today<\/td><td>-5.2%<\/td><\/tr><tr><td>NSE Ticker<\/td><td>IREDA<\/td><\/tr><tr><td>Trigger<\/td><td>GNPA Rise to 2.9% + Wind Energy Portfolio Stress<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bull_Case\"><\/span><strong>Bull Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>India&#8217;s 500 GW renewable energy target by 2030 requires Rs 25 lakh crore in financing \u2014 IREDA has government mandate and low-cost capital access to be a key lender.<\/p><p>Solar energy NPA remains near-zero (0.3%) \u2014 only wind is stressed; the solar portfolio&#8217;s strong performance is structurally sound.<\/p><p>Government has committed capital support and IREDA&#8217;s Tier-1 capital ratio is a healthy 18.5%.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Nuance\"><\/span><strong>Key Nuance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The most important nuance: IREDA&#8217;s wind NPA is largely a temporary cash flow problem \u2014 not a permanent loss of assets. Wind energy projects have 25-year PLAs (Power Purchase Agreements) with state DISCOMs. Even if cash flow is temporarily insufficient for debt service, the underlying asset value and PPA protection means recovery rates on eventual resolution are significantly higher than typical NPA situations.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Share_Price_History\"><\/span><strong>Share Price History<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Level<\/strong><\/td><td><strong>Price<\/strong><\/td><td><strong>Context<\/strong><\/td><\/tr><tr><td>IPO Price (Nov 2023)<\/td><td>Rs 32<\/td><td>Listing; massive oversubscription<\/td><\/tr><tr><td>Post-IPO Peak<\/td><td>Rs 310<\/td><td>4x book value at peak enthusiasm<\/td><\/tr><tr><td>Pre-Fall (Apr 12)<\/td><td>Rs 163<\/td><td>&#8211;<\/td><\/tr><tr><td>Current<\/td><td>Rs 155<\/td><td>5.2% fall; 50% from peak<\/td><\/tr><tr><td>52W Low<\/td><td>Rs 130<\/td><td>Key technical floor<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Scenarios\"><\/span><strong>3 Scenarios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Key Assumption<\/strong><\/td><\/tr><tr><td>Bear<\/td><td>Rs 130 (\u201316%)<\/td><td>GNPA crosses 3.5%; provisioning surge; ROA below 1%<\/td><\/tr><tr><td>Base<\/td><td>Rs 190\u2013220 (+23\u201342%)<\/td><td>Wind portfolio stabilises; solar growth continues; NIM steady<\/td><\/tr><tr><td>Bull<\/td><td>Rs 260\u2013280 (+68\u201381%)<\/td><td>Wind NPA resolved; 500 GW mandate creates new business surge; institutional buy-back<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Segments\"><\/span><strong>Business Segments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Segment<\/strong><\/td><td><strong>Revenue Share<\/strong><\/td><td><strong>Key Drivers<\/strong><\/td><\/tr><tr><td>Solar Energy Lending<\/td><td>52%<\/td><td>Utility scale, rooftop, manufacturing loans<\/td><\/tr><tr><td>Wind Energy Lending<\/td><td>28%<\/td><td>Onshore and offshore wind project finance<\/td><\/tr><tr><td>Hydro \/ Other Renewable<\/td><td>12%<\/td><td>Small hydro, biomass, hybrid<\/td><\/tr><tr><td>Green Hydrogen (Emerging)<\/td><td>8%<\/td><td>Electrolyser and hydrogen project loans<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_Investors_Do\"><\/span><strong>What Should Investors Do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro<\/strong><\/a> for SEBI-registered analyst recommendations on IREDA.<\/p><p>IREDA at Rs 155 is at a critical technical juncture. The 52-week low of Rs 130 is the key support level. Investors should track Q4 FY26 results and management commentary for resolution of the specific trigger cited in this article before making investment decisions.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for live IREDA price and SEBI-registered research alerts.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>IREDA&#8217;s 5.2% fall on April 13 is anchored to the specific trigger: gnpa rise to 2.9% + wind energy portfolio stress. The 52-week low of Rs 130 is the key support. Track live analysis on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a> and <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><p><strong>Disclaimer: <\/strong>This article is for informational and educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before investing.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_IREDA_share_price_falling\"><\/span><strong>Q: Why is IREDA share price falling?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA fell 5.2% on April 13 as Q3 FY26 results disclosed GNPA rising from 2.1% to 2.9%, driven by wind energy project stress in Tamil Nadu and Rajasthan where poor wind resource years created cash flow shortfalls. The stock has now fallen 50% from its Rs 310 peak.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_IREDAs_share_price_target\"><\/span><strong>Q: What is IREDA&#8217;s share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA&#8217;s analyst consensus 12-month target is Rs 200\u2013240, based on strong solar portfolio and government mandate for 500 GW renewable financing. Emkay and YES Securities both maintain Buy with the thesis that wind NPA is temporary and recoverable.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_IREDAs_52-week_low\"><\/span><strong>Q: What is IREDA&#8217;s 52-week low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA&#8217;s 52-week low is Rs 130. The current price is Rs 155 \u2014 down 5.2% from the 52-week high of Rs 310.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_IREDA_a_good_buy_at_current_levels\"><\/span><strong>Q: Is IREDA a good buy at current levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article is not investment advice. Review the bear\/bull scenarios above and consult a SEBI-registered financial advisor before making any investment decision.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_IREDAs_market_cap\"><\/span><strong>Q: What is IREDA&#8217;s market cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>IREDA is listed on NSE with the ticker IREDA. Check live market cap on the Univest Screener.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_triggered_IREDAs_fall_today\"><\/span><strong>Q: What triggered IREDA&#8217;s fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The specific trigger for IREDA&#8217;s 5.2% fall on April 13, 2026 is: GNPA Rise to 2.9% + Wind Energy Portfolio Stress.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_track_IREDA_live\"><\/span><strong>Q: Where can I track IREDA live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Track live price, fundamentals, FII\/DII activity, and analyst ratings on the Univest Screener.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_should_I_do_if_I_hold_IREDA_shares\"><\/span><strong>Q: What should I do if I hold IREDA shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Review the 3-scenario framework in this article. Define your stop-loss level and monitor the specific trigger events for resolution before averaging down. Consult a SEBI-registered financial advisor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/why-raymonds-share-price-falling\">Why is Raymond\u2019s Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-gacm-technologies-share-price-falling\">Why is the GACM Technologies Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-regaal-resources-share-price-falling\">Why is Regaal Resources Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-mangalore-refinery-petrochemicals-share-price-falling\">Why is Mangalore Refinery &amp; Petrochemicals (MRPL) Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-all-time-plastics-share-price-falling\">Why is All Time Plastics Share Price Falling?<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>IREDA (NSE: IREDA) share price dropped 5.2% on April 13, 2026. The stock is at Rs 155 \u2014 down from a 52-week high of Rs 310. This article examines the specific trigger, the bear and bull case, and what investors should do. Get SEBI-registered analyst research on Univest. About IREDA Indian Renewable Energy Development Agency<\/p>\n","protected":false},"author":26,"featured_media":71604,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"metadata":{"_edit_lock":["1776238133:26"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_seo_score":["74"],"rank_math_focus_keyword":["IREDA"],"rank_math_title":["IREDA Drops 5.2% on GNPA Rise to 2.9% + Wind Energy Portfolio Stress \u2014 Buying Opportunity or Continued Weakness?"],"rank_math_description":["IREDA share price falls 5.2% as GNPA rises to 2.9% and wind energy loan portfolio faces stress. 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