IREDA shares down 28% in 2025. Can the stock rebound past Rs 185 or is it time to sell?

Shares of Indian Renewable Energy Development Agency have fallen sharply after a significant rally. The stock is trading below key technical averages, raising concerns about investor confidence. Loan sanctions and disbursements increased, but the market remains unconvinced. Analysts suggest caution, pointing to resistance levels and potential for further correction. Asset quality and rising costs are overshadowing operational performance.