It is worth mentioning that robust trading activity has been observed for IREDA shares today, with a substantial trade volume of over 51 crore shares. “IREDA's strong financial performance and focus on the burgeoning renewable energy sector make it an attractive investment proposition. The renewable energy sector is poised for significant growth in the coming years, driven by government initiatives and increasing environmental concerns,” Nyati added. “Investors who participated in the IREDA IPO can be pleased with the strong listing gains. Several other analysts also believe that IREDA is a long-term opportunity, indicating that investors who had acquired shares during the IPO should hold on to them.

Source: Mint December 01, 2023 11:39 UTC