IREDA Share Price Declines 7.43%; Joins F&O Segment

Indian Renewable Energy Development Agency Ltd (IREDA) has been in focus on Monday. On March 3, 2025, IREDA share price opened at ₹156.65, almost the same as its previous close of ₹156.02. At 11:17 AM, the share price of IREDA was trading at ₹144.43, down by 7.43% on the NSE.

IREDA Begins Trading in F&O Segment

IREDA has now entered the Futures & Options (F&O) segment, marking a significant development for traders and investors.

Recent Developments

Following its recent elevation to Navratna status, IREDA has made amendments to its Articles of Association, which could enhance its operational autonomy and decision-making capabilities.

Before that, IREDA had informed that the International Financial Services Centre Authority (IFSCA), via a letter dated September 4, 2024, had granted provisional registration to its wholly owned subsidiary, IREDA Global Green Energy Finance IFSC Limited, as a finance company at GIFT City, Gujarat. The company received the Certificate of Registration from IFSCA on February 18, 2025, allowing it to undertake activities as a finance company.

Q3 FY25 Performance

For Q3 FY25, IREDA reported a 27% YoY rise in net profit to Rs 425 crore, supported by a 36% surge in revenue to Rs 1,698 crore. The company also improved its cost of borrowing, which declined to 7.68%, while its net interest margin expanded to 3.33%.

Conclusion

IREDA’s entry into the F&O segment marks a significant milestone, reflecting growing investor interest in the stock.

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