IREDA Stock in Focus
- 16th April 2025
Aaj Ka Bazaar
U.S. equity indices ended modestly lower, weighed down by lingering uncertainty surrounding tariffs. However, losses were limited by gains in financial stocks, supported by strong quarterly results from select peers. Despite the positive earnings, cautious corporate commentary—particularly concerns over weakening consumer sentiment linked to potential Trump-era tariffs—dampened overall market mood. Following the subdued U.S. session, Asian markets traded mixed. The Nikkei declined, led by losses in technology stocks after the U.S. announced new restrictions on chip exports to China. The Hang Seng also extended its losses amid continued tariff tensions and fresh export curbs, which further eroded investor sentiment. Notably, China’s GDP data exceeded expectations but failed to significantly boost market participation. On the domestic front, sentiment remains cautious, mirroring global weakness. The GIFT Nifty signals a likely gap-down opening, reinforcing the prevailing bearish outlook.
Markets Around Us
BSE Sensex – 76,817.79 (0.11%)
Nifty 50 – 23,356.80 (0.12%)
Bank Nifty – 52,761.10 (0.73%)
Dow Jones – 40,266.07 (-0.27%)
Nasdaq – 16,823.17 (-0.05%)
FTSE – 8,249.12 (1.39%)
Nikkei 225 – 33,952.28 (-0.95%)
Hang Seng – 20,922.54 (-2.60%)
Sector: Financial Institution
IREDA Profit Up, Stock Jump 7%
IREDA shares jumped nearly 7% after the company reported strong Q4 results for FY25. The state-owned renewable energy financier posted a 49% rise in net profit to ₹501.55 crore, driven by solid growth in its lending business. Revenue rose 37% year-on-year to ₹1,905 crore, with interest income up over 40%. Despite higher expenses, the company showed strong demand for its loans—its loan book grew 28% to ₹76,250 crore, with disbursements rising 20%. While margins for the full year dipped slightly, investor confidence remains high, especially after the stock had already rallied over 9% the previous day. IREDA shares have gained more than 20% in the past month, though they’re still down 24% for the year due to earlier corrections. With strong earnings and growing interest in renewable energy financing, the stock may continue to recover in the near future.
Why it Matters:
IREDA’s strong earnings highlight the rising demand for renewable energy financing in India. Its growing loan book and profit surge signal healthy business momentum. This could attract more investors as the clean energy sector gains traction.
NIFTY 50 GAINERS
INDUSINDBK – 755.40 (2.65%)
TRENT – 4981.00 (2.13%)
AXISBANK– 1135.20 (2.01%)
NIFTY 50 LOSERS
MARUTI – 11674.00 (-1.53%)
BAJAJ-AUTO – 7877.00 (-1.48%)
ETERNAL- 219.71 (-1.13)
Sector : Electrical Equipment
Gensol Falls 5% after Promoter Ban
Gensol Engineering shares hit their 5% lower circuit on April 16 after SEBI barred its promoters, Anmol and Puneet Jaggi, from holding key positions or trading in the market. This action came after allegations of fund misuse, false disclosures, and poor corporate governance. SEBI stated that the promoters treated the public company like a personal business, using funds for unrelated expenses and routing money to related parties. As a result, the company’s planned 1:10 stock split has also been put on hold, as SEBI suspects it was intended to lure retail investors. Gensol’s stock has been falling due to ongoing concerns about mismanagement and debt. It’s down 46% in the past month and has lost 86% in the last year. With the promoters now removed from key roles and under regulatory scrutiny, the company faces serious trust and governance issues that may impact its recovery in the near term.
Why it Matters:
Gensol’s case highlights how poor corporate governance can put investor money at risk. The planned stock split could have attracted unsuspecting retail investors, worsening the damage. SEBI’s action sends a strong message against promoter misuse and aims to protect market integrity.
Around the World
Most Asian currencies rose on Wednesday as the U.S. dollar weakened, staying close to its three-year low. The Japanese yen and Indian rupee gained, while the Chinese yuan slightly fell despite strong economic data. China’s GDP grew 5.4% in Q1 2025, beating forecasts, with industrial production and retail sales also showing solid growth—partly driven by exporters rushing shipments before new U.S. tariffs. However, uncertainty around President Trump’s changing tariff policies kept investors cautious. The U.S. has imposed high tariffs on Chinese goods, and China has responded with its own. There’s talk of some exemptions, like for cars and electronics, but policy flip-flops have made the situation unpredictable. Other Asian currencies like the Singapore dollar and Thai baht also gained slightly, while the South Korean won was flat ahead of an interest rate decision. Overall, traders remain watchful as currency movements are being driven more by policy risks than just economic data.
Option Traders Corner
Max Pain
Nifty 50 – 23300
Bank Nifty – 52100
Nifty 50 – 23301 (Pivot)
Support – 23,234, 23,139, 23,072
Resistance – 23,395, 23,462, 23,556
Bank Nifty – 52243 (Pivot)
Support – 51,999, 51,620, 51,376
Resistance – 52,622, 52,866, 53,245
Have you checked our latest YouTube Video
Did you know?
India’s Retail Investor Surge: Market Participation Hits Record Highs in 2024
India’s stock market has seen a 36% rise in retail participation, with over 50 million investors active by 2024. This surge is driven by increased financial literacy, digital trading platforms, and government initiatives. Systematic Investment Plans (SIPs) have also gained popularity, with monthly contributions hitting ₹14,000 crore in early 2025. These trends reflect growing confidence in India’s equity markets.
