IREDA shares may fall nearly 60% as this analyst says positives are priced in
Shares of Indian Renewable Energy Development Agency (IREDA) Ltd. were trading with gains of as much as 9% on Monday (July 15) to hit another record high of ₹310. Brokerage firm PhillipCapital has retained their ‘Sell’ recommendation on IREDA Ltd., with a revised price target of ₹130, implies a potential downside of 58% from the …