IREDA jumps over 7% on MoU with SJVN, GMR for 900 MW hydro project in Nepal

On the technical side, the company's relative strength index (RSI) is at 35.6, indicating the stock is neither overbought nor oversold. IREDA is trading above its 5-day, 100-day, and 150-day simple moving averages (SMAs), but remains below its 10-day, 20-day, 30-day, and 50-day SMAs.