IREDA Share Price Jumps About 7% as IREDA Shares Log a Seventh Straight Gain Despite a 20% Fall in One Year: What the Volume Surge and Q2 Numbers Show

The IREDA share price jumped about 7% on 9 November 2026, a seventh straight gain, on volume that reports put near eight times the average. Mint notes that IREDA shares are still down about 20% in a year. This article sets out the price data, the Q2 FY27 numbers, the loan book and asset quality, valuation and risks. I found no company announcement for the day, and where sources conflict I flag it.

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IREDA Share Price on 9 November: Data

IREDA share price item	Reading	Source and time
Previous close of IREDA shares	Rs 111.33	Univest stock page, 9 November
Price of IREDA shares at 9:33 AM	Rs 119.80, up 7.61%	Univest stock page
Day range of IREDA shares	Rs 110.40 to Rs 120.22	Univest stock page
Close of IREDA shares reported elsewhere	Rs 120.00, up 7.62%	A research note; 7.62% on Rs 111.33 gives about Rs 119.81, so the two do not match exactly
Trading volume in IREDA shares	About 8 times the average	Reports on the day
Winning streak in IREDA shares	Seventh straight gain	Reports on the day
Change in IREDA shares over one year	Down about 20%	Mint headline
Market capitalisation of IREDA shares	About Rs 31,317 crore	Univest stock page

The small gap between Rs 119.81 and Rs 120.00 is probably rounding or a different base, but I cannot say which. A seventh straight gain in IREDA shares after a 20% fall over a year means the IREDA share price is recovering from a low base, not setting records. Take a live quote from the IREDA page or the exchange, and see the Nifty 50 for the market backdrop.

IREDA Q2 FY27 Results: Growth Was Slow

IREDA Q2 FY27 item	Reading	Source and note
Standalone net profit behind IREDA shares	Rs 554.26 crore against Rs 549.00 crore	Up about 1% by my arithmetic; one report cites 0.51%
Profit before tax behind IREDA shares	Rs 706.57 crore against Rs 696.07 crore	Results report
Net profit versus estimate for IREDA shares	Consensus was Rs 340 crore	ScanX; a beat against the estimate
H1 FY27 net profit behind IREDA shares	Rs 891.75 crore, up 12.1%	Against Rs 795.68 crore; Q1 was Rs 337.5 crore
H1 total income	Rs 4,594.29 crore, up 14.4%	Against Rs 4,016.98 crore
Net interest margin behind IREDA shares	3.83%	ScanX; Q1 was 3.75%
Outlier headline on IREDA shares	Profit up 62%	A news site; does not match the filing figures

Profit grew about 1% year on year because Q2 FY26 was a strong base, even though the result beat estimates by a wide margin. That is why a seventh straight gain looks ahead of earnings. The half-year profit growth of 12.1% is the steadier number. IREDA is a state-owned financier, and the sector peers Power Finance Corporation and REC Limited are the usual comparison for lending growth and asset quality.

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IREDA Loan Book and Asset Quality

IREDA balance sheet item	Reading	Source and note
Loan book, 30 September 2026	Rs 93,961.30 crore, up from Rs 82,012.15 crore	Up about 14.6% by my arithmetic
Different loan book figure for the IREDA share price	Rs 97,411 crore, up 15%	ScanX; conflicts with the other source
IREDA share price context: loan book, 30 June 2026	Rs 94,851.88 crore	Higher than the September figure in the first source, which I cannot explain
Total assets behind IREDA shares	Rs 97,985.76 crore	PSU Connect
Net worth behind IREDA shares	Rs 14,337.40 crore	PSU Connect
Gross and net NPA, Q1 FY27, behind the IREDA share price	3.76% and 1.23%	Against 4.13% and 2.06% a year earlier
Loan disbursements behind the IREDA share price, Q2	Up about 31%	Reports on the quarter

Disbursements are growing, but the two loan book figures disagree, and the June figure is higher than the first source's September number, so read the investor presentation before relying on any of them. Asset quality improved in Q1, and a report says the NPA ratios also improved in Q2. A fast-growing loan book needs fresh capital over time, so dilution is a risk to watch.

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IREDA Share Price Valuation and Risks

Check on the IREDA share price	Reading	Source and note
Trailing P/E of IREDA shares	15.91 against a sector P/E of 19.53	Univest stock page
Price to book value	About 2.2 times	My arithmetic: Rs 31,317 crore divided by Rs 14,337 crore; the dates differ
Earnings per share, Q2, of IREDA shares	Rs 1.97	Results report
FY26 dividend and the IREDA share price	Rs 1.35 per share in total	Indian Masterminds
Page quality note on the IREDA share price	Several quarterly tables show invalid dates	Univest stock page

A P/E below the sector figure looks modest, but it rests on past earnings, and Q2 growth was slow. The IREDA share price is also driven by flows, since a state-owned renewable lender attracts momentum traders. Interest rate moves, funding costs, policy support for renewable energy and any loan stress in solar and wind projects can all change sentiment.

IREDA Share Price Checklist

Investor situation	Questions to consider
Existing holder	Is my cost in IREDA shares above Rs 120, and can I sit through a pullback after seven gains?
New buyer	Have I looked at the slow Q2 profit growth and the conflicting loan book figures?
Short-term trader	Volume near eight times the average can fade; where do I exit?
Long-term investor	How do I weigh loan growth, asset quality and future capital needs?

Conclusion

The IREDA share price jumped about 7% on 9 November 2026 on heavy volume for a seventh straight gain, while Q2 profit grew only about 1% and the stock is still down about 20% in a year. Sources disagree on the loan book, so read the filing and a live quote, and consult a SEBI-registered adviser before acting.

Frequently Asked Questions on the IREDA Share Price

Why did the IREDA share price jump on 9 November?

Ans. Reports show a rise of about 7% on volume near eight times the average, the seventh straight gain. I found no company announcement for the day, so the cause is not confirmed. The Q2 results were reported earlier, so they do not explain a move on 9 November alone.

How much did IREDA shares rise?

Ans. The Univest page showed Rs 119.80, up 7.61% from Rs 111.33, at 9:33 AM, with a day range of Rs 110.40 to Rs 120.22. A research note shows a close of Rs 120.00 and 7.62%, which does not reconcile exactly, so check a live quote.

What were the IREDA Q2 FY27 results?

Ans. Standalone profit was Rs 554.26 crore against Rs 549.00 crore, up about 1%, and beat a consensus of Rs 340 crore. Half-year profit was Rs 891.75 crore, up 12.1%. Net interest margin was 3.83%, per ScanX. One site shows a 62% rise that does not match.

What is the IREDA loan book?

Ans. It was Rs 93,961.30 crore on 30 September 2026 in one source, up about 14.6% from Rs 82,012.15 crore, while ScanX shows Rs 97,411 crore. The sources conflict, and the June figure was higher than the first September number, so read the investor presentation.

Why are IREDA shares down 20% in a year despite the rally?

Ans. Mint reports a one-year fall of about 20% in IREDA shares. The cause is not stated in my sources. Seven gains in a row recover only part of a long decline, so the current price may remain below levels of a year ago.

Is the IREDA share price expensive?

Ans. The Univest page shows a P/E of 15.91 against a sector P/E of 19.53, and I estimate about 2.2 times book value. These multiples rest on past earnings, and Q2 profit growth was only about 1%. Check live multiples and asset quality.

What are the risks of investing in IREDA?

Ans. Risks include slow profit growth, funding costs, loan stress in renewable projects, policy changes and the need for fresh capital. A momentum rally on heavy volume can also reverse quickly. Read the filings and the NPA data before drawing conclusions.

What should investors do about the IREDA share price?

Ans. Univest does not recommend any security. A holder can check cost and position size, a new buyer can read the Q2 filing and the loan book data, and a trader can set exit rules. A SEBI-registered adviser can give advice suited to personal goals and risk.