IREDA Share Price in Focus Ahead of Q2 FY27 Earnings Results

Indian Renewable Energy Development Agency Limited (IREDA) is experiencing a dip in its stock price, trading at ₹109.10, reflecting a decrease of ₹1.90 or 1.71% as of October 5, 2026. This comes amid key management and legal updates. 

As of October 5, 2026, at 11:25 AM, IREDA's stock is trading at ₹109.10, down from its previous close of ₹111.00. The stock opened at ₹111.68, reached a high of ₹111.86, and a low of ₹108.93. The Volume Weighted Average Price (VWAP) stands at ₹110.36. 

Management Extension 

The Ministry of New and Renewable Energy has granted a 3-month extension to Dr. Bijay Kumar Mohanty to continue as the Chairman and Managing Director (CMD) of IREDA. Dr. Mohanty has been handling these additional responsibilities since July 2026. 

Legal Proceedings and Fraud Declaration 

In a recent development, IREDA declared fraud against Gensol Engineering Limited during its 39th Annual General Meeting on September 29, 2026. The agency, along with the Power Finance Corporation, is pursuing recovery actions against Gensol's promoters through the National Company Law Tribunal. 

Financial Performance in FY26 

IREDA reported a 10% increase in Profit After Tax (PAT), reaching ₹1,873 crore. The company's gross loan portfolio is at ₹93,069 crore, with a record disbursement of ₹34,946 crore. Its Net Interest Margin improved to 3.65% from 3.27% the previous year. 

Read More: PNB Share Price in Focus as It Reports Q2 FY27 Business Update! 

Trading Window Closure 

In anticipation of its Q2 FY27 financial results, IREDA has closed its insider trading window effective October 1, 2026. This move is in line with regulatory requirements to prevent insider trading. 

Indian Renewable Energy Development Agency Share Price Performance  

As of October 05, 2026, at 11:35 AM, Indian Renewable Energy Development Agency share price on NSE was trading at ₹109.20, down by 1.62% from the previous closing price. 

Conclusion 

IREDA's stock is trading at ₹109.10, down 1.71% from the previous close. The company is addressing management and legal issues, including a 3-month extension for its CMD and fraud declaration against Gensol Engineering. Financially, IREDA saw a 10% PAT increase to ₹1,873 crore, with a gross loan portfolio of ₹93,069 crore. 

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