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Reading: IREDA shares jump 4% as PAT rises 38% YoY: Is this PSU stock a good buy after Q3 results? | Stock Market News
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News for India > Business > IREDA shares jump 4% as PAT rises 38% YoY: Is this PSU stock a good buy after Q3 results? | Stock Market News
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IREDA shares jump 4% as PAT rises 38% YoY: Is this PSU stock a good buy after Q3 results? | Stock Market News

Last updated: January 12, 2026 9:49 am
1 month ago
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Shares of Indian Renewable Energy Development Agency (IREDA) jumped up to 4% in intraday deals on Monday, January 12, following the announcement of its third quarter results for FY26.

PSU stock IREDA rose as much as 4.13% to the day’s high of ₹142.30 apiece. As of 9.55 am, it was trading at ₹139.80, up 2.3% despite weakness in the Indian stock market.

IREDA Q3 results 2026

State-owned IREDA posted a sharp 37.5% year-on-year (YoY) growth in net profit to ₹585 crore as against ₹425 crore a year ago, led by strong revenue.



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TAGGED:Indian Renewable Energy Development AgencyIREAD share price targetIREDAIREDA q3 earnings impactIREDA Q3 resultsIREDA share priceIREDA share price outlookIREDA stock priceIREDA stock price outlooPSU stockthird quarter results
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