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Buy or Sell IREDA shares? Why PhillipCapital sees 35% downside on PSU stock

IREDA share price today: The stock climbed 6 per cent to close at Rs 170.45. PhillipCapital's target price of Rs 110 suggests a 35.46 per cent potential downside.

IREDA shares up 64% year-to-date; what s next for this PSU energy stock?

IREDA share price: The stock jumped 11.60 per cent to hit a high of Rs 179.45. It was last seen trading 6.81 per cent higher at Rs 171.75. At this price, IREDA has gained 64.12 per cent on a year-to-date (YTD) basis.

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