IREDA's 632% vertical takeoff to 42% slide in just 50 sessions, PSU stock gives a reality check. Buy, hold or exit?

IREDA shares have witnessed volaityly in the recent past, surging 632% in 13 months before tumbling 42% in just 50 sessions. Despite strong Q2FY26 earnings and long-term growth potential, analysts warn of ongoing bearish momentum, margin pressures, and sectoral headwinds. Investors are advised to hold near support levels of Rs 137–140.