IREDA Share Price Target: IREDA's stock is flat on Thursday. There is no significant fall or rise in it. At around 2.30 pm, IREDA's stock is down by Rs 0.55 or 0.22 percent to Rs 247.50 on BSE . However, IREDA's stock has given a return of 312.57 percent so far since its listing on 29 November 2023. Whereas in 2024, it has given a return of 136.5 percent so far, due to which the investors' money has more than doubled. In such a situation, what kind of movement can be seen in the stock in the future, know the opinion of the experts.

Market experts maintain confidence in IREDA (IREDA Share Price Target)

Veteran market expert Gaurang Shah told ET Now Swadesh that he had advised investors to invest in this stock for the long term at the time of its IPO. He still stands by this view. He still advises to HOLD this stock for the long term.

Why trust IREDA?

According to Gaurang Shah, IREDA provides loans for energy production capacity. In the coming time, facilities for new energy plants will be ready and IREDA management has shown strength in its business. That is why Shah has confidence in this stock.

Disclaimer: The equity market is risky, so invest at your own risk. Before investing, take expert advice. The advice given here is based on the report of ET Now Swadesh and the opinion on the stock is based on the information given to ET Now Swadesh by market experts. Times Now Navbharat.com is not giving any advice on investment.