IREDA share price recovers 15% from intraday low; check details
₹112.60 apiece on BSE. IREDA share price tanked over 9% on Monday's early trading session due to profit booking.
IREDA share price has been down 18.25% in two trading sessions. IREDA share price opened at ₹101.99 apiece on BSE and touched an intraday low of ₹98.26 and an intraday high of ₹103.80.
According to Arun Kejriwal, Founder at Kejriwal Research and Investment Services, the IREDA share price, after rising from ₹32, which was the issue, to ₹125, needed some correction. Also Read: IREDA share price Today Live Updates : IREDA Stock Soars on Positive Trading Day "We also need to understand that there is a worry in the street about FOMO—fear of missing out."So the retail investors kept buying without understanding what the value could be.
Correction is more than welcome," said Kejriwal. "Exciting news! Mint is now on WhatsApp Channels
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